Upper Serangoon View condo plot draws top bid of $320 psf per plot ratio

November 9, 2010, 5.35 pm (Singapore time)

By KALPANA RASHIWALA

A state tender for a 99-year leasehold private condominium site at Upper Serangoon View has drawn a top bid of $156.8 million or about $320 per square foot of potential gross floor area

The top bid was cast by a partnership involving FCL Topaz Pte Ltd, Far East Civil Engineering and Sekisui House.

The tender attracted four bids.

Housing & Development Board, which conducted the tender, said it will announce the final tender results within a fortnight.

Source: www.businesstimes.com.sg