Asset Legend Limited has been awarded with the tender for the residential with first storey commercial site at Upper Serangoon Road.
The land parcel, measuring 10,097.1 sq m, was offered for sale on a 99-year lease term.
Located within an established residential area, residents of this upcoming development can dine at popular eateries at Upper Serangoon Road and shop at Heartland Mall and NEX. Sports and recreation facilities are only a short drive away at Hougang Stadium, Swimming Complex and Sports Hall.
There were 11 bids for this site and Asset Legend submitted the highest bid of $276.8 million.