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Warm reception expected for Westwood EC site

But other released site at Lorong Lew Lian unlikely to be triggered soon

Published Thu, Oct 31, 2013 · 10:00 PM
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PROPERTY consultants agree that the executive condominium (EC) site in Westwood Avenue will be warmly received, but getting them to agree on their pricing expectations is another matter.

That site was one of two released for tender yesterday by the government, the other being a 99-year leasehold residential site in Lorong Lew Lian.

With the Westwood site, the cost per square foot per plot ratio (psf ppr) cited as likely by consultants ranged from $285 to $380.

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