CDL Constellation (subsidiary of CDL) and TID Residential won the bid of an EC site in Sumang Walk in Punggol which fetched a whopping 17 bids at a state tender. Sumang Walk EC sits an area of 291,235 square feet (sq ft) and has a plot ratio of 3.0. With the top bid of S$509.37 million, it works out to a record to S$583 per square foot per plot ratio (psf ppr).
Sumang Walk EC is probably the only EC launch in 2019.