Home site at Jurong West Street 41 sold for $438.9m
MCL Land won the award.
According to a release, the Urban Redevelopment Authority has awarded the tender for the residential site at Jurong West Street 41 (Parcel A) to MCL Land (Prestige) Pte. Ltd. The company submitted the highest bid in the tender for the site ($438.9m).
Tender for the residential site was launched on 15 November 2012 and closed on 29 January 2013. The land parcel was offered for sale on a 99-year lease term.