Tender
The bidding was fierce and competitive, though measured, regarding a site for mixed usage in the Alexandra View area near to the Redhill MRT station. The winner of the tender is Tang Skyline and the second highest bidder is Singland Homes and UOL. This plot of land should be ideal for tenants looking for a development as the city fringe as this is right next to Redhill MRT Station as well. The tender for Tang Skyline Alexandra View Condo is called Artra Condo.
There were ten Tang Skyline Redhill Condo bidders with the tender closing yesterday. The highest bid reached $376.88 million, or about $851 per square foot per plot ratio, which was given by Tang Skyline, that is part of Tang City Holdings. This is the first plot of land to be launched under the Government Land Sales Programme for second half of 2015. Analysts see this as a …