Toh Tuck site expected to be hotly contested
Separately, JLL launches tender for mixed-use redevelopment site nearby
PROPERTY consultants expect the first site launched by the government in 2017 to be "hotly contested" due to its location in an established residential precinct and its manageable size.
The residential plot in Toh Tuck Road was put up for sale via public tender by the Urban Redevelopment Authority under the "confirmed list" of the H1 2017 government land sales programme on Tuesday.
The 18,721.4 square metre site can potentially yield about 325 units. The tender closes at noon on April 11.
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