27 Nov '12, 3am

Hao Yuan wins Pasir Ris EC tender: By Romesh Navaratnarajah: An executive co... property market

An executive condominium (EC) site at the junction of Pasir Ris Drive 3 and Pasir Ris Rise (pictured ) has been awarded to highest bidder Hao Yuan Investment, said the Housing and Development Board (HDB). It offered the top bid of S$207 million during a public tender, beating nine other developers for the 27,660 sq m site. The site has a maximum gross floor area (GFA) of 58,086 sq m and gross plot ratio of 2.1. The well-located site is expected to yield about 580 units.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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