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Only one consortium bids for lot in Rondout Gardens
Only one consortium bids for lot in Rondout Gardens 新加坡
By   shicheng news
  • 都市报
  • Toronto Gardens
  • Home Consortium Bids
  • Bids
Abstract: The Urban Redevelopment Authority (URA) has launched a single consortium to bid for a lot in Toronto Gardens.

A consortium comprising GuocoLand and Intrepid Investments, a subsidiary of Fung Lung Holdings, submitted a bid of about $486.8 million, equivalent to a plot ratio of $10,600 per square metre, the URA said in a release.

 sm

The 99-year leasehold lot has a total gross floor area of 45,921 square metres and will allow for the construction of about 530 units.

 

The URA will announce the results of the bidding after the assessment.

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Only one consortium bids for lot in Rondout Gardens
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