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2 Tuas sites draw top bids of $88.14, $98.11 psf ppr

Separately, local engineering firm is selling its premises at Gul Circle

Kalpana Rashiwala
Published Thu, Oct 10, 2013 · 10:00 PM
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TWO short-lease sites in Tuas South have received top bids of $88.14 per square foot per plot ratio and $98.11 psf ppr.

The higher unit land price was offered for a plot with dual frontage on Tuas Street 7 and Tuas South Avenue 7. The top bid by Reclaims Enterprise Pte Ltd works out to $5.33 million. The 54,329.71 sq ft land parcel, dubbed Plot 28 on Tuas South Street 7, drew five bids. The lowest offer, from Soilbuild Group Holdings, was $40.49 psf ppr.

The other plot, Tu…

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