United Engineers wins S$368.8m tender for Dairy Farm site

Published Sun, Sep 9, 2018 · 09:37 AM

UNITED Engineers on Saturday said it has been awarded the tender for the land parcel at Dairy Farm Road at the tender price of S$368.8 million by the Urban Redevelopment Authority. The tender was awarded to its wholly owned unit.

The company plans to develop the site into a "prime development" comprising about 450 residential units, childcare centre, supermarket, food court and F&B as well as retail shops.

The site, which is under a 99-year lease, has a land area of about 19,648 square metres with a maximum gross floor area of 41,260 square metres. It is within walking distance of the Hillview MRT station.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes