Lorong 1 Toa Payoh private housing site draws $968m bid

SINGAPORE – The tenders for three state-owned plots that closed on Tuesday saw fewer developers bidding in the face of higher interest rates and heightened economic and geopolitical tensions, but two private housing sites drew top bids that were above market expectations. The sites at Lorong 1 Toa Payoh and Pine Grove Parcel B attracted just three bids[…]

URA launches residential site in Orchard Boulevard for tender

SINGAPORE – The Urban Redevelopment Authority (URA) has released a site in Orchard Boulevard for sale. The confirmed list site falls under its second half of 2023 government land sales (GLS) programme. The 99-year site, which spans 7,031.5 sq m with a gross plot ratio of 3.5, is zoned for residential use with commercial on[…]