Highest bid of $434.45 million for the Tampines site
The highest bid was put forth by Hoi Hup Realty Pte Ltd (Hoi Hup Realty) and Sunway Developments Pte Ltd. The joint venture won with highest bid of $434.45 million for the Tampines site. This converts to $578 per square feet (psf) per plot ratio (ppr).
The 2nd highest bid was submitted by MCC Land came closely behind at $431.62 million, which is also another well known EC developer in recent years.
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