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Club St hotel site sets record price for 99-year land at GLS tender
Top bid for private housing site in Kampong Java Rd came in below market expectations; bids for EC site in Tampines Avenue 10 did not disappoint
Published Tue, Jan 15, 2019 · 09:50 PM
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Singapore
A PLUM hotel site along Club Street in the CBD on Tuesday drew hotel groups from Singapore and the region, resulting in a record price being set for 99-year leasehold hotel land at a Government Land Sales (GLS) tender.
However, in the housing land segment it was a tale of two cities.
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