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Property

Tengah EC plot tender awarded to Taurus Properties for S$400.3m

Published Thu, Jun 3, 2021 · 05:45 PM
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THE Housing and Development Board (HDB) has awarded the tender for a land parcel at Tengah Garden Walk to Taurus Properties for S$400.3 million.

Sitting on a plot area of 22,020.8 square metre (sq m), the maiden executive condominium (EC) housing site has a maximum gross floor area of 61,659 sq m and is estimated to accommodate 615 units.

The property has a lease term of 99 years and a project completion period of 60 months.

It was up for tender from Nov 26, 2020 to May 25, 2021, drawing seven bids.

READ MORE: Record bid for Tengah EC site, 15 bids for Ang Mo Kio condo plot signal developers' hunger for land

KEYWORDS IN THIS ARTICLE

Singapore property
Housing

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