http://www.businesstimes.com.sg/real...each-road-site
https://www.ura.gov.sg/uol/land-sale...ach-rd-ma.aspx
Those Duo units facing this plot of land or Suntec direction will get blocked unfortunately as its plot ratio marks maximum 48 stories.
Its triggered by a foreign developer with deep pockets (someone who has built 80 units condo in Singapore, who?). Unfortunately, the underground will not link straight to Bugis MRT like what Duo is designed currently. But it will still be linked to Duo and maybe Gateway and Suntec via underground passage. There is something blocking this direct MRT linkage apparently.
My guess is another mixed development with offices, retail and hotel/serviced apartment component as listed in the QnA. It will be a waste if it is a pure offices only. The neighbouring developments will get another lift in terms of vibrancy from 2021 onwards. More life in D7.
Its anybody guess how much it will be finally transacted in 12 weeks time. $1.3 billion?
2 cents,
PropVestor