HDB awards Tampines Ave 8 site at S$187.59 mln

November 25, 2010, 5.27 pm (Singapore time)

HDB awards Tampines Ave 8 site at S$187.59 mln

By ANGELA TAN


The Housing & Development Board (HDB) announced on Thursday that it has awarded the sale tender for the land parcel at Tampines Avenue 8 to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and SC Wong Holdings Pte Ltd.


The winning bid for the 20,600 sq m site was S$187.59 million.

The proposed development for the 99-year lease site is for Executive Condominium Housing, with an estimated 525 units.



Source: www.businesstimes.com.sg