Gov’t closes tender for Dairy Farm Walk, Tengah Garden Avenue

Both have a leasing period of 99 years.

The government has closed the tender for the Dairy Farm Walk and Tengah Garden Avenue sites.

Dairy Farm Walk has a gross floor area (GFA) of 76,376 square meters (sq. m.) and a lease period of 99 years, whilst Tengah Garden Avenue has a GFA of 45,951 sq. m. and the same leasing period.

Intrepid Investments, CSC Land Group, and GuocoLand had the highest tender price at $675m for Dairy Farm Walk.

Meanwhile, SNC2 Realty, Apex Asia Alpha Investment Two, Soon Li Heng Civil Engineering and Kay Lim Realty tendered the highest for Tengah Garden Avenue at $504.5m.

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