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Top bid for Potong Pasir plot seen at $650-900 psf ppr

Commercial use capped at 5,000 sq m, or 8.8% of project's maximum GFA

Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Apr 30, 2014 · 10:00 PM
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A COMMERCIAL and residential site next to Potong Pasir MRT Station launched for sale on the confirmed list of the Government Land Sales Programme is expected to draw four to eight bids.

Property consultants' forecasts for the top bid varied from $650 to $900 per square foot of potential gross floor area. The tender for the site closes on Aug 19.

The government yesterday also made available for application on the reserve list an executive condominium (EC) site at the corner of Semb…

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