30/06/2021
A 99-year leasehold private housing site in Ang Mo Kio Avenue 1, opposite the Bishan-Ang Mo Kio Park :
The highest bid of $381.38 million, or nearly $1,118 per sq ft per plot ratio (psf ppr), came from a 60:20:20 joint venture between UOL Group, Singapore Land Group and Kheong Leong Company.
Executive condominium (EC) housing site in the Tengah estate :
The highest offer of $400.32 million, or $603.17 psf ppr, was from a tie-up between CDL and MCL Land
When you look at today’s successful land bid prices for the EC at Tengah Garden Walk, you be shocked that EC crossed $600 for the first time.
💁🏻♀️With the recent land bid prices, it only shows that:
1) Property prices will remain resilient and future prices are expected to be higher.
2) Developers who loose out in the land bids and don’t have much balance stock will start increasing prices for their existing unsold units, ECs included.
Don’t wait to buy real estate, buy real estate and wait. 💪🏻💪🏻
☎️ 88332221 for great deals now! 🌻
Whatsapp: bit.ly/39I3AZn
Call: 67504400
Andy Seah
https://www.straitstimes.com/business/property/ang-mo-kio-99-year-private-housing-plot-draws-15-bids-ec-plot-in-tengah-draws?fbclid=IwAR2EEnsg37htQ9J1QUhdsUxdTMNQb2eej61C-JEwvzpEDrc6q5y2l6TuOYI
The private housing plot is opposite Bishan-Ang Mo Kio Park and near Mayflower MRT station.. Read more at straitstimes.com.