Tender for Pasir Ris Central white site draws just three bids
Land parcel next to MRT station must be integrated with bus interchange, polyclinic and town plaza
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Singapore
A 3.8 hectare white site at Pasir Ris Central drew fairly subdued interest from developers with a lower-than-expected three bids at the close of the tender on Friday.
Among the bidders was Far East Organization, while Singapore Press Holdings and Kajima Development submitted a joint bid. The third bid was from Phoenix Residential and Phoenix Commercial; both companies are owned by Allgreen Properties and Kerry Properties, which are in turn linked to Robert Kuok.
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