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SingLand-UOL venture is top bidder for Clementi housing site
Analysts say tender's prefab construction clause may have limited the number and value of bids
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Published Wed, Dec 9, 2015 · 09:50 PM
Singapore
A 99-YEAR leasehold private housing site along Clementi Avenue 1 has fetched six bids at a state tender that closed on Dec 9.
The highest bid was from a joint venture between Singapore Land unit Singland Homes and UOL Venture Investments; its bid of S$302.1 million works out to S$615.04 per square foot per plot ratio (psf ppr).
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