430 views
Photo by Mark Stoop via Pexels

URA tender for Canberra Crescent site closes with three bids

Top bid for the site was $279m.

Urban Redevelopment Authority’s (URA) tender for a site at Canberra Crescent closed with three offers.

The top bid of $279m was submitted by a joint venture between Peak Nature Pte Ltd and Huatland Development Pte. Ltd.

The second-highest bid was $275.1m from a consortium including SNC3 Realty Pte Ltd, Apex Asia Real Estate Holding Pte Ltd, BHCC Development (Projects) Pte Ltd, and Heeton Homes Pte Ltd. The third bid, from GLL C Pte Ltd, was $228.8m.

In another tender closing on 18 July for a site at De Souza Avenue, SL Capital (8) Pte Ltd offered $278.9m, whilst Capital Development submitted a bid of $228m.

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.