$320 million minimum terms for the residential site

[propertylaunchguru]

After a convinced property developer set a bid of $320 million minimum terms for the residential site on the reserve list at Bedok South Avenue 3 and New Upper Changi Road, it was then put up on sale last January 7 of 2016 as sustained by Urban Redevelopment Authority (URA).



With an anticipated list of 570 residential units and with an area of more or less 2.4ha, public tender will have the 99-year leasehold residential site be brought out for sale. This site is conveniently established near Tanah Merah MRT and only a couple of minutes drive to Singapore University of Technology and Design and Changi Business Park. URA aforesaid that the site will be launched by public tender in just about two weeks time.