Tender for Tampines EC by Qingjian Realty and Santarli Construction Highest Bid
In response to the booming demand for luxury condos, HDB has released two new sites in Tampines. The first plot is located in Sengkang and is available for sale through a public tender. The second site in Tampines Street 62 EC is available for application and will be put up for tender once developers have expressed interest in it. Both sites are expected to yield more than one hundred residential units.
HDB launched the tender for executive condominium in Tampines and Sengkang. Both sites are under the reserve list, which means they will be put up for tender only if developers express interest in them. The developer’s price is also set to set a new record. The land rate for this site is $659 per sq ft, which is the highest ever for EC sites.
This is the second executive condominium site to be released by HDB in the same …
Read More