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Different tales for two cities in latest URA tender
Middle Rd plot in Bugis garners 10 bids with Wing Tai's top bid within expectation; only 5 bids for Sims Drive plot
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Published Thu, Mar 28, 2019 · 09:50 PM
Singapore
THE latest state land tender closing has yielded a mixed bag of results for the two 99-year leasehold sites offered.
A land parcel along Middle Road in the buzzing Bugis locale, which is slated for residential with commercial at first storey use, drew 10 bids, with Wing Tai's highest bid of nearly S$492 million or S$1,458.33 per square foot per plot ratio (psf ppr) within expectation.
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