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Redhill plot draws 10 parties, but bids seen as cautious

Top bid of S$851 psf ppr is at lower end of earlier forecasts and below that for Principal Garden tender

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A 99-year leasehold, 0.84-hectare site next to Redhill MRT Station along Alexandra View drew 10 bids at a state tender, in line with what consultants had earlier expected.

Singapore

A 99-year leasehold, 0.84-hectare site next to Redhill MRT Station along Alexandra View drew 10 bids at a state tender, in line with what consultants had earlier expected.

The highest bid by Tang Skyline Pte Ltd was S$376.9 million or about S$850.81 per square foot per...

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