2 Tuas sites draw top bids of $88.14, $98.11 psf ppr
Separately, local engineering firm is selling its premises at Gul Circle
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Kalpana Rashiwala
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, Tuas South Street 6 (Plot 4), attracted 10 bids. The highest - $2.88 million or $88.14 psf ppr - was from Derman Aluminium (S) Pte Ltd. HP Construction & Engineering Pte Ltd was the lowest bidder, at $46.44 psf ppr, for the 32,686.74 sq ft plot.
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