Sim Lian wins EC site tender

Romesh Navaratnarajah10 Sep 2014

An executive condominium (EC) site at Choa Chu Kang Drive that was launched for sale on 26 June has been awarded to Sim Lian Land, the housing board said.

Measuring 19,058 sqm, the site attracted a total of eight bids with Sim Lian submitting the highest offer of $207.4 million.

Offered on a 99 year lease, the future EC development could comprise around 535 units.

Nearby amenities include the Choa Chu Kang MRT and bus interchange, Chua Chu Kang Secondary School, Lot 1 shopping centre, as well as a polyclinic.

Image by HDB.

 

Romesh Navaratnarajah, Singapore Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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