SingHaiyi tops bids for hotly contested executive condominium site in Sengkang
Published on Feb 13, 2014 9:13 PM
SingHaiyi Group has emerged tops in a 12-way contest for a plum executive condominium (EC) plot in Sengkang.
The listed company lodged the top bid of $192.9 million.
It did this through its unit Phoenix Real Estate, formerly known as Phoenix 88.
The amount works out to $367 per sq ft (psf) per plot ratio (ppr) for the 175,236 sq ft parcel at Anchorvale Crescent, near the Sengkang MRT station.
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