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Top bids for Canberra private housing sites below expectations

However, EC site in Fernvale Lane draws healthier participation rate, with top bid within expectations

 Kalpana Rashiwala
Published Tue, Mar 3, 2020 · 09:50 PM

Singapore

THE latest 99-year leasehold residential state land tenders which closed on Tuesday have drawn a mixed bag of results.

Top bids for a pair of adjoining private housing sites in Canberra Drive, a stone's throw from Canberra MRT station in Singapore's north, came in below forecasts by property consultants polled by The Business Times prior to the closing of the tender at noon, on Tuesday. The number of bids received was also softer than expected.

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