The 1.02ha site in a private estate in Upper Bukit Timah's Jalan Jurong Kechil
neighbourhood was offered for sale with a variable lease option of 30, 45 or 60
years. It can be developed into a condominium, flats or retirement housing. The
top bid of $73.8 million for a 60-year lease came from the Aspial Corporation
subsidiary World Class Developments. This translates to a price of $482 per sq
ft per plot ratio (psf ppr).
neighbourhood was offered for sale with a variable lease option of 30, 45 or 60
years. It can be developed into a condominium, flats or retirement housing. The
top bid of $73.8 million for a 60-year lease came from the Aspial Corporation
subsidiary World Class Developments. This translates to a price of $482 per sq
ft per plot ratio (psf ppr).
