The tender for a residential site (pictured) at Coronation Road has been awarded to Athens Residential Development after submitting the highest bid of S$366 million or S$9,775.46 per sq m, according to the Urban Redevelopment Authority (URA).
Launched for tender on 28 March, the 37,440.7sq m site received 12 bids when its tender closed on Thursday (20 June).
Offered on a 99-year lease term, the site could yield about 140 landed homes within the established landed housing estate at Bukit Timah.
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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