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Sim Lian tipped to have bid S$970m for Tampines Court

If the sale goes through, this collective sale could be the second largest in Singapore after Farrer Court in 2007

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Tampines Court sits on a land area of 702,164 sq ft. Based on a 2.8 plot ratio, the site could be redeveloped into a project with up to 2,609 units with an average unit size (gross floor area) of 753 sq ft.

Singapore

SIM Lian Development is believed to have placed a bid of S$970 million for the collective sale of Tampines Court.

On Tuesday evening, Huttons Asia, the marketing agent for the privatised HUDC (Housing and Urban Development Company) estate,...