Search

ST Tenders for Tanah Merah Kechil Link Site closed with bids expectations

15 bids for Tanah Merah site; highest number of bids since the Holland commercial and residential site tender in May 2018. Strong market confidence and need for developers to replenish their land bank. Top bid at $930psf ppr.


"The top bid for the Tanah Merah site would require the developer to sell the new apartments for $1,700 to $1,800 psf, which is bullish as new units in that area are trading between $1,500 and $1,600 psf.”


https://www.straitstimes.com/business/property/tenders-for-tanah-merah-kechil-link-and-yishun-ec-sites-closed-with-bids-above

6 views0 comments

Recent Posts

See All

Presenting the Brand New Majestic Development, Within Walking Distance to Science Park & One North Business Park with over 100 Facilities From $7xxK! *Normanton Park* • 9 Blocks of 24-storey • 1862 Re

CONTACT ME

王煜煒
Joseph Benedict Ong
Associate Division Director

 

Phone: (65) 8813 8018

Email: jbenedictproperties@gmail.com

  • Email
  • Facebook
  • Instagram