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.