World Class Land has been awarded the tender for a residential site (pictured) at Faber Walk at a bid price of S$156.68 million.
The Urban Redevelopment Authority (URA) launched the tender for the 15,125.4sq m site on 15 April. The site attracted 18 bidders at the close of the tender on Tuesday with World Class Land posting the highest bid.
With a maximum gross floor area (GFA) of 21,176 sq m, the residential site is expected to yield 210 housing units.
Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
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