http://www.straitstimes.com/Breaking...ry_525205.html
May 11, 2010
18 bid for Simei St 3 site
By Joyce Teo
CHIP Eng Seng's CEL Development submitted the top bid for a 99-year leasehold residential site at Simei Street 3 when tender closed on Tuesday.
It put in a bid of $152.69 million or $5,629.25 per sq m of gross floor area, said the Urban Redevelopment Authority.
The tender drew 18 bidders in all.
The 1.18 ha plot near Simei MRT station can yield an estimated 250 flats.
The URA will announce the award of the tender at a later date.