Qingjian Realty (South Pacific) Group was awarded the tender for a residential site (pictured) at Punggol Way/Punggol Walk after submitting the top bid of S$189.87 million, according to the Housing and Development Board (HDB).
Slated for executive condominium (EC) development, the 18,747.8 sq m site was launched for public tender on 23 July 2012, offering a maximum permissible gross floor area (GFA) of 56,243.4 sq m and gross plot ratio of 3.0.
The 99-year leasehold site received a total of three bids.
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