By Shabnam Muzammil:
The Housing and Development Board (HDB) has awarded an executive condominium (EC) site at Anchorvale Crescent (pictured) to Qingjian Realty (South Pacific) Group after the developer submitted the highest bid of S$245.6 million.
Launched for tender on April 15, the 247,570 sq ft site has a maximum gross floor area (GFA) of 742,709 sq ft.
With a plot ratio of 3.0, the 99-year leasehold site could yield 690 units.
Shabnam Muzammil, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email shabnam@propertyguru.com.sg
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