PRC Outbidded SGs in Land to Build EC. FAP Traitors Huat! SGs Suffer!

[makapaaa]

[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.

 

[Narong Wongwan]

This Qingjian is building many of the govt projects.....
I know a few guys working there.....they pay 6 months yearly bonus with interim bonuses....must be raking in big bucks from govt

 

[xebay11]

Singaporeans and Singapore companies going down with govt policies like this.

 

[SgGoneWrong]

Singaporeans and Singapore companies going down with govt policies like this.

By the time the rich sinkies who operate local co realise they are fucked too to withdraw support it's all too late.