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Mixed views over West Coast Vale residential site

Some consultants see warm bidding interest in the site newly released by URA, others expect the slow take-up at nearby condo project to dampen interest

Published Wed, Dec 7, 2016 · 09:50 PM

URA

Singapore

THE newly released residential site at West Coast Vale under the government land sales (GLS) programme may see warm interest from developers on the back of improved sentiment and a lack of available development sites, some property consultants say.

There are also others who believe that the slow take-up at nearby Parc Riviera condominium project by EL Development, which was launched last month, may serve as a dampener.