GLS Land bid for Canberra Dr Parcel A&B – Result is Out
- Canberra Drive Pte Housing Site Parcel A fetch five bids and this land bid is won by Oasis Development (JBE Holdings Group)
Highest bidder : est S$644psf ppr
Canberra Drive Pte Housing Site Parcel B fetch four bids and this land bid is won by United Venture Development (UOL Group, UIC & Kheng Leong)
Highest bidder : est S$650psf ppr
Estimated Breakeven: $1140psf
Estimated Selling Price: $1250psf-$1300psf
Cushman and Wakefield’s Christine Li gave a rough estimation on above breakeven and selling price range.