SUBSCRIBERS

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

 Nisha Ramchandani
Published Fri, Dec 14, 2018 · 09:50 PM

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.

Copyright SPH Media. All rights reserved.