FEC Properties snags Hollandia collective sale site for S$183.4m
The plan is to redevelop the site into a high-end residential development
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Singapore
The sale price for Hollandia translates to a land rate of S$1,703 per square foot per plot ratio (psf ppr), said its marketing agent Savills Singapore.
In a regulatory filing with the Hong Kong stock exchange, Far East Consortium said it plans to redevelop the site into a high-end residential development with a total gross floor area (GFA) of about 10,000 sq m.
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