SINGAPORE – Developers are being invited to bid for a large residential development site in West Coast Vale that could yield up to 520 condominium units.
The Urban Development Authority (URA) launched a tender for the 16,400 sq m site with 99-year leasehold on Wednesday (Dec 7).
A site next door was won in a tender in 2015 by EL Development, which paid $314 million for the somewhat larger site – though that site had a special condition for pre-fabricated construction.
The firm is currently building Parc Riviera on that site.
The tender for the latest site will close on Feb 9 next year.
“Source:[Large West Coast residential development site up for grabs] © Singapore Press Holdings Limited. Permission required for reproduction”
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