The URA has awarded a residential site at Jalan Eunos to Tuas Technology Park Ltd and OPH Marymount Ltd. after they offered the highest bid in a public tender that closed on September 7.
The two companies submitted a joint bid of $257.8 million, or about $4,462.43 psm of gross floor area.
The 99-year leasehold residential site has a total area of 41,261.2 sq m and a maximum gross floor area of about 57,766 sq m.