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CDL, Hong Leong, Frasers Property, CapitaLand units among 9 bidders for Plantation Close EC site

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Jessie Lim

Jessie Lim

Published Tue, Jun 27, 2023 · 08:37 PM
    • The 99-year leasehold Plantation Close EC site, which can yield an estimated 495 units, is located between the future Tengah Park MRT station and Bukit Batok West MRT station.
    • The 99-year leasehold Plantation Close EC site, which can yield an estimated 495 units, is located between the future Tengah Park MRT station and Bukit Batok West MRT station. PHOTO: YEN MENG JIIN, BT

    AN EXECUTIVE condominium (EC) site at Plantation Close in Tengah drew strong interest from developers, with nine bids received on Tuesday (Jun 27).

    Bids came from entities linked to heavyweights City Developments Ltd, Hong Leong, CapitaLand Development and Frasers Property.  

    The parcel also saw interest from Hoi Hup Realty and Sunway Developments, Qingjian Group, Sim Lian Group, a consortium including Evia Real Estate, and another led by Kingsford, which had on the same day put in the top bid of S$1.03 billion for a prime site in Marina South.

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