Dunman Road mega site up for tender; bids may hit S$1.3 billion
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Singapore
A RESIDENTIAL site at Dunman Road has been launched for sale, in a state tender that property watchers say could draw bids of over S$1 billion and up to S$1,400 per square foot per plot ratio (psf ppr).
The Dunman Road parcel comes under the confirmed list of the H1 2022 government land sales (GLS) programme. In announcing the tender on Monday (Mar 14), the Urban Redevelopment Authority (URA) also said that it will remove a white site at Kampong Bugis from the H1 2022 reserve list with immediate effect, due to delays in the completion of soil remediation works. Development staging plans for this site will be placed under review by the government.
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