Property firm Wee Hur Development Pte Ltd has secured the tender for a land parcel along Punggol Central/Punggol Place for S$206.20 million.
The HDB launched the residential site for tender on 27 October 2011, with a total of 13 bids received. It has a total area of 18,019.4 sq m and a maximum gross floor area (GFA) of 54,058.2 sq m.
With a 99-year leasehold period, the site is zoned for condominium development and can potentially yield some 540 housing units.
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