URA awards site tender to Santarli Corporation
Santarli Corporation Pte Ltd submitted the highest bid of $114.8 million in the tender for the 4,850.5 sqm residential site at Pheng Geck Avenue (Parcel B).
The residential site was launched for sale by public tender on 15 May 2012 and closed on 28 June 2012. The land parcel was offered for sale on a 99-year lease term.