The site, which is located near an MRT station, is the second plot within the upcoming Bidadari precinct to be awarded this year. (Image: URA)
A 1.9ha residential site at Woodleigh Lane has been awarded to CEL Unique Development, after the Chip Eng Seng unit submitted the highest bid of S$700.7 million, revealed the Urban Redevelopment Authority on Friday (14 July).
The tender for the plum site attracted 15 bids, with the winning bid working out to S$1,110 psf per plot ratio.
Launched for sale on 30 May, the 99-year leasehold site could yield about 735 housing units.
The site, which is located near an MRT station, is the second plot within the upcoming Bidadari precinct to be awarded this year.
This article was edited by Denise Djong.
