Tenders awarded for three GLS sites

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18 Sep 2019 08:30 #25018 by toapayohlady
SINGAPORE (EDGEPROP) - Tenders for three Government Land Sales (GLS) sites were awarded by the URA on Sept 12. The tenders for the sites, at Tan Quee Lan Street, Bernam Street and one-north Gateway, closed on Sept 5 and were awarded to the three highest bidders.

The 124,116 sq ft site at Tan Quee Lan Street was awarded to GLL D Pte Ltd, Intrepid Investments and Hong Realty, a joint venture between GuocoLand and subsidiaries of Hong Leong Holdings. They submitted a top bid of $800.2 million, which translated to $1,535 psf per plot ratio (ppr).


Read more:
www.edgeprop.sg/property-news/tenders-awarded-three-gls-sites

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