Kuok Group plans mall and 480 apartments on Pasir Ris site
Allgreen Properties-Kerry Properties tie-up paying S$700m for site; development to be integrated with transport, other amenities
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Singapore
THE Allgreen Properties and Kerry Properties tie-up that clinched the 99-year leasehold white site next to Pasir Ris MRT station is planning to develop about 480 apartments above three levels of retail space.
Its winning bid of nearly S$700 million works out to S$684.48 per square foot per plot ratio (psf ppr), based on a total gross floor area of 1.02 million sq ft.
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