SUBSCRIBERS
Cuscaden Road GLS site to be developed into luxury residence
Site awarded to consortium for S$410 million, setting new record for GLS sites
Published Thu, May 17, 2018 · 09:50 PM
Singapore
A RESIDENTIAL Government Land Sales (GLS) site at Cuscaden Road, which fetched a top bid of S$410 million, will be developed into a luxury residential project "enriched by a focus on arts and culture".
This was disclosed by Adrian Cheng, executive vice-chairman and general manager of New World Development, on Thursday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2