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Choa Chu Kang EC site draws 11 bids

Top bid of S$295 psf ppr is 7% above next highest offer; most bidders are cautious


THE tender for a far-flung executive condominium (EC) site along Choa Chu Kang Avenue 5 has attracted 11 bids, more than the three to seven bids property consultants had forecast when the site was launched in May.

Analysts attribute this to residential developers'...

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