Staff Reporter
,
Singapore
It beat 11 bidders.
According to a release, the Urban Redevelopment Authority (URA) closed the tender for the residential site at Coronation Road today. The site at Coronation Road was launched for public tender on 28 March 2013. The site was offered for sale on a 99-year lease term. It has a site area of 37,440.7 m².
CapitaLand's subsidiary, Athens Residential Development Pte. Ltd., made the highest bid at $366,000,000m. This was followed by Astor Properties Pte. Ltd. with $313,333,333m bid. Table 1 shows the compelete list of the 12 bidders for the aforementioned site.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!