Friday, January 20, 2012

Two suburban sites launched for tender

Straits Times: Fri, Jan 20
TWO government-owned sites - in Upper Serangoon and Upper Bukit Timah - that can accommodate a total of more than 800 new homes were put up for sale by tender yesterday.


Property experts tip a keen contest among developers for the year's first state land tenders launched in what could be a subdued year for real estate.


But they warn that any bids for the sites are unlikely to top prices achieved previously for nearby sites.


Both are 99-year leasehold plots...

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Team Marshe
Martin Koh/ Sherry Tang
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