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Sturdee Rd site would have seen 'red hot' demand in better times

The Sturdee Road site, located near City Square Mall and Farrer Park MRT Station, boasts an attractive city-fringe location with shopping and eating places nearby, say property consultants.

PROPERTY consultants gave a wide range of forecasts for the number of bids - from three to 15 - for a 99-year private housing site along Sturdee Road released by the Urban Redevelopment Authority (URA). However, their forecasts for the top bid bunched around S$700 per square foot per plot ratio