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Latest state tenders yield mixed bag of results

Sembawang EC site gets eight bids; Clementi condo site attracts moderate turnout, with top bid below expectations

Kalpana Rashiwala

Published Wed, Jul 3, 2019 · 09:50 PM

Singapore

AN EXECUTIVE condominium (EC) housing plot along Canberra Link in Sembawang pulled in eight bids at a state tender on Wednesday, with the top bid coming in 1.4 per cent higher than that for an adjacent EC site sold last September.

On the other hand, a private housing site along Clementi Avenue 1 drew more moderate interest, with only five bids. The top bid there was also below the expectations of at least one property consultant, Tricia Song of Colliers International.

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