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View Full Version : PRC Outbidded SGs in Land to Build EC. FAP Traitors Huat! SGs Suffer!


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02-10-2014, 10:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

QINGJIAN REALTY WINS BID FOR LAND PARCEL IN SEMBAWANG FOR DEVELOPMENT OF EC

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2 Oct 2014 - 8:56pm


http://therealsingapore.com/sites/default/files/styles/large/public/field/image/sembawang.PNG?itok=afUsS5_X (http://therealsingapore.com/sites/default/files/field/image/sembawang.PNG)





Qingjian Realty won the bid for a land parcel at Sembawang Road and Canberra Link to develop an executive condominium (EC) housing development.
The land is 28,745.9 square metres and was won with a bid of $229.38 million. Qingjian's bid was higher than the combined bid of $208.5 million submitted by Verwood Holdings and TID residential.
The new EC development is going to have a 99 year lease and will have 605 housing units.
The sale of this land parcel attracted the least number of bidders for a land site since 2001.


Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?191197-PRC-Outbidded-SGs-in-Land-to-Build-EC-FAP-Traitors-Huat!-SGs-Suffer!&goto=newpost).