Qingjian Realty wins tender for Punggol condo site

The Housing & Development Board (HDB) has awarded the tender for a residential site at the junction of Punggol Central and Edgedale Plains to Qingjian Realty (South Pacific) Group Pte Ltd.

The group offered the highest bid of S$215.87 million in a public tender that closed on 3 November 2011.

Launched for sale on 15 September 2011, the 99-year leasehold land parcel has a total area of 20,256.1 sq m and a maximum gross floor area (GFA) of 60,768.30 sq m.

It is zoned for condominium housing which could potentially yield 610 dwelling units.

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