Clerodendrum Land gets Upper Serangoon Road / Pheng Geck Avenue (Parcel A) site

The developer outbid 14 others with its $185m offer.

The land parcel at Upper Serangoon Road / Pheng Geck Avenue (Parcel A) has a site area of about 0.87 ha and can potentially yield about 330 housing units. It is located next to Potong Pasir Town and Potong Pasir MRT station.

The residential site was launched for public tender on 21 June 2011 and offered for sale on a 99-year lease.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.