Upper Serangoon Road / Pheng Geck Avenue (Parcel A) site gets 15 bids

Clerodendrum Land was the highest bidder with $185m.

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.

A decision on the award of the tender will be made after the bids have been evaluated.

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