CDL places top bids for Handy Road, West Coast Vale plots at URA tender
City Developments (CDL) dominated the bid being the top bidder for the major two of three private housing sites. The state tender closed yesterday.
It was said that the top most bid values $212.2 million which is $1,722 per sqft per plot ratio (psf ppr). This plot is located in Handy Road nearby Dhoby Ghaut MRT station.
The developer has also bid for $472.4 million which is $800 psf ppr for a land located in West Coast Vale.
The scheme that has been proposed by the group for the West Coast Vale site foresee two 36-storey towers. The Urban Redevelopment Authority has specified a 730 residential units for this plot.