Choice Jervois Rd plot draws 17 bids, topped by SingLand
Top bid values D10 site at $880.74 psf ppr, to be sold at $1,500-1,600 psf
(SINGAPORE) A plum 99-year leasehold private condo plot at Jervois Road
drew a whopping 17 bids yesterday, attesting to the site's choice location and relatively affordable investment size for the site's development.
The top bid for the District 10 plot that could now be set for about 130 homes was $118.9 million or $880.74 per square foot per plot ratio (psf ppr) from Singapore Land unit SL Development. This was 8.1 per cent higher than the next highest offer of $814.81 psf ppr from Chng Gim Huat Group.
Top bid values D10 site at $880.74 psf ppr, to be sold at $1,500-1,600 psf
(SINGAPORE) A plum 99-year leasehold private condo plot at Jervois Road
drew a whopping 17 bids yesterday, attesting to the site's choice location and relatively affordable investment size for the site's development.
The top bid for the District 10 plot that could now be set for about 130 homes was $118.9 million or $880.74 per square foot per plot ratio (psf ppr) from Singapore Land unit SL Development. This was 8.1 per cent higher than the next highest offer of $814.81 psf ppr from Chng Gim Huat Group.
