Sim Lian tipped to have bid S$970m for Tampines Court
If the sale goes through, this collective sale could be the second largest in Singapore after Farrer Court in 2007
Kalpana Rashiwala
Singapore
SIM Lian Development is believed to have placed a bid of S$970 million for the collective sale of Tampines Court.
On Tuesday evening, Huttons Asia, the marketing agent for the privatised HUDC (Housing and Urban Development Company) estate, said the tender for the site, which closed at 3 pm the same day, received a bid of that sum - above the reserve price of S$952 million.
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