Large West Coast residential development site up for grabs

SINGAPORE - Developers are being invited to bid for a large residential development site in West Coast Vale that could yield up to 520 condominium units.

The Urban Development Authority (URA) launched a tender for the 16,400 sq m site with 99-year leasehold on Wednesday (Dec 7).

A site next door was won in a tender in 2015 by EL Development, which paid $314 million for the somewhat larger site - though that site had a special condition for pre-fabricated construction.

The firm is currently building Parc Riviera on that site.

The tender for the latest site will close on Feb 9 next year.