Wee Hur Development top bid Jalan Bunga Rampai site at $93.39 million
|RANKING||NAME OF TENDERER||TENDERED SALE PRICE ($)||TENDERED SALE PRICE IN $PSM/GFA|
|1||Wee Hur Development Pte Ltd||93,390,000.00||9,529.59|
|2||Sim Lian Land Pte Ltd||80,100,000.00 8||8,173.47|
|3||Nanshan Group Singapore Co. Pte. Ltd. and Yihe Development (South Pacific) Pte Ltd||78,270,000.00||7,986.73|
|4||Qingjian Realty (Residential) Pte. Ltd. and Octava (S) Property Investments Pte Ltd.||78,190,000.00||7,978.57|
|5||Sing Properties Pte. Ltd.||77,600,000.00||7,918.37|
|6||CEL Development Pte. Ltd.||75,038,000.00||7,656.94|
|7||TG (2020) Pte Ltd||65,770,000.00 6||6,711.22|
|8||Duo Land Pte Ltd||60,800,000.00||6,204.08|
|9||TID Residential Pte. Ltd.||58,060,000.00||5,924.49|
Wee Hur Development emerged as the top bidder for Jalan Bunga Rampai site at $93.39 million. This also translated to $885.33 psf ppr. The site was zoned as for residential use and had attracted 9 bids. The land parcel is located close to the Bartley MRT station on the Circle Line, the site itself potentially yield an estimated of 115 residential units.
The residential project is to be known as Bartley Vue. The site is closed to well known school such as Maris Stella High (Primary and Secondary) School.
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