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Lend Lease's top bid in Paya Lebar honed by its Jurong experience

Big guns from Singapore, overseas out in force, but divergence in bids points to disparate reading of market

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AUSTRALIAN group Lend Lease's top bid on Tuesday for the Paya Lebar Central site has been termed "aggressive", "bullish" and "very optimistic" by some property consultants.

Singapore

AUSTRALIAN group Lend Lease's top bid on Tuesday for the Paya Lebar Central site has been termed "aggressive", "bullish" and "very optimistic" by some property consultants.

However, the group's pioneering experience at another regional commercial hub, Jurong East, where...

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