Hillview Avenue site bidding tops at $243.22 million

Residential land parcel garners seven bids but guess which developer came out first?

Kingsford Development Pte Ltd. submitted the highest bid for the 12,648.5 sqm site with a maximum permissible gross floor area of 35,416 sqm.

With its bid, Kingsford Development will have a tendered sale price of $6,867.43 per sqm of gross floor area, according to data released by the Urban Redevelopment Authority (URA).

In the bidding rankings, Flamegold Pte. Ltd. placed second with a bid of $205.1 million and MCL Land Limited landed in third with a bid of $190.5 million.

URA will announced the tender award at a separate date.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia