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[h=1]QINGJIAN REALTY WINS BID FOR LAND PARCEL IN SEMBAWANG FOR DEVELOPMENT OF EC[/h]
<!-- /.block --> <style>.node-article .field-name-link-line-above-tags{float: right;}.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;}</style> Post date:
2 Oct 2014 - 8:56pm
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Qingjian Realty won the bid for a land parcel at Sembawang Road and Canberra Link to develop an executive condominium (EC) housing development.
The land is 28,745.9 square metres and was won with a bid of $229.38 million. Qingjian's bid was higher than the combined bid of $208.5 million submitted by Verwood Holdings and TID residential.
The new EC development is going to have a 99 year lease and will have 605 housing units.
The sale of this land parcel attracted the least number of bidders for a land site since 2001.
<!-- /.block --> <style>.node-article .field-name-link-line-above-tags{float: right;}.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;}</style> Post date:
2 Oct 2014 - 8:56pm
<iframe src="http://tpc.googlesyndication.com/safeframe/1-0-0/html/container.html" style="display: none; visibility: hidden;"></iframe><ins id="aswift_0_expand" style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: inline-table; visibility: visible; position: relative; background-color: transparent; border-image: none;"><ins id="aswift_0_anchor" style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: block; visibility: visible; position: relative; background-color: transparent; border-image: none;"><iframe name="aswift_0" width="336" height="280" id="aswift_0" frameBorder="0" marginWidth="0" marginHeight="0" scrolling="no" vspace="0" hspace="0" allowfullscreen="true" style="left: 0px; top: 0px; position: absolute;" allowTransparency="true"></iframe></ins></ins>
Qingjian Realty won the bid for a land parcel at Sembawang Road and Canberra Link to develop an executive condominium (EC) housing development.
The land is 28,745.9 square metres and was won with a bid of $229.38 million. Qingjian's bid was higher than the combined bid of $208.5 million submitted by Verwood Holdings and TID residential.
The new EC development is going to have a 99 year lease and will have 605 housing units.
The sale of this land parcel attracted the least number of bidders for a land site since 2001.
