SINGAPORE - Chinese-owned Singapore Petroleum Co has clinched a petrol station site with a record $92.7 million bid.
According to the Housing Board's tender results posted on Friday (Sept 28), SPC secured the 3,103.1 sq m site at 50 Bukit Batok East Avenue 3 with a bid of $92.68 million. The amount is an all-time high for a petrol station site, which is currently occupied by Caltex.
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