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Bullish bidding for Toh Tuck site

Tender for the residential plot gets 24 submissions, topped by SP Setia's S$265m, exceeding expectations

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Published Tue, Apr 11, 2017 · 09:50 PM

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Bewildering tender
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Singapore

AN overwhelming 24 bids were submitted for the tender of a residential plot in Toh Tuck Road, the Urban Redevelopment Authority (URA) announced on Tuesday.

This was the second highest number of bids submitted in a residential government land sales (GLS) tender since 2009, when the tender for a parcel in Westwood Avenue attracted 32 bids.

URA

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