Not easy to find less than $1000 psf condo soon. Bought mine 899 psf in 2011.
The top bid is in line with last years’ winning EC tenders at Sumang Walk ($583 psf ppr), Canberra Link ($558 psf ppr), and Anchorvale Crescent ($576 psf ppr), Tampines Ave 10 (578 psf ppr)
The tender has closed for the Executive Condominium site at Tampines Ave 10. The 268,384 sq ft site attracted seven bids, says HDB. The future development could comprise up to 695 units and will have a maximum Gross Floor Area of 751,482 sq ft.
The highest bid came from Hoi Hup Realty and Sunway Developments, a subsidiary of Malaysian group Sunway Berhad. The two companies jointly submitted a bid of $434.45 million for the site, or $578 psf/per plot ratio (ppr). The second highest bid came from Chinese developer MCC Land, which submitted a bid of $431.62 million ($574.36 psf/ppr). This is a 0.7% margin between the top two bids.
https://www.edgeprop.sg/property-new...jbcx6PGCT5bNo#