11 Dec 2015 - After much anticipation and excitement, The Urban Redevelopment Authority (URA) has decided to award the tender for a residential land parcel at Clementi Avenue 1 to reputable developers Singland Homes and UOL Venture Investments, after receiving the highest bid submission of $302.1 million from the developers. This will translate to approximately $6,620 per square metre or equivalent to $615 per square foot per plot ratio.
The tender for this plum land parcel of 99-year leasehold site measuring 140,339 sq ft closed on the 9th of December 2015 after attracting six bids. With a maximum permissible gross floor area of 491,190 sq ft, the land parcel could yield 460 homes.
Located in the western region of Singapore, the land parcel site is close to the National University of Singapore (NUS), Clementi Sports Hall and Jurong Lake District, which is just one station away from Clementi MRT station. This makes this residential land parcel at Clementi Avenue 1 an attractive choice for potential home owners.
http://www.latestprojectlaunch.com
The tender for this plum land parcel of 99-year leasehold site measuring 140,339 sq ft closed on the 9th of December 2015 after attracting six bids. With a maximum permissible gross floor area of 491,190 sq ft, the land parcel could yield 460 homes.
Located in the western region of Singapore, the land parcel site is close to the National University of Singapore (NUS), Clementi Sports Hall and Jurong Lake District, which is just one station away from Clementi MRT station. This makes this residential land parcel at Clementi Avenue 1 an attractive choice for potential home owners.
http://www.latestprojectlaunch.com
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