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Author: leahlim   |   Latest post: Mon, 14 Oct 2019, 9:02 AM

 

Tenders awarded for three GLS sites

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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).
 
 
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