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SINGAPORE (EDGEPROP) – While the tender for the government land sale (GLS) site at Jalan Tembusu closed with eight bids on Jan 18, the site at Lentor Hills Road (Parcel A) received just half the number of bids. The top bid of $586.6 million came from a consortium made up of Hong Leong Holdings, GuocoLand …

Hong Leong-led joint venture submits highest bid of $1,060 psr ppr for Lentor Hills Road Parcel A Read More »

Developers sold 645 new private homes in February, down 60.5% over January’s 1,632 units. This was largely due to fewer units of 167 launched in February against 2,600 in January.  January’s large number was due to three projects – the mega 1,862 unit Normanton Park (625 units sold), followed by the Parc Central Residences executive …

New home sales plunge as new launches were held back Read More »