GLS Land bid for Fernvale Lane – Result is Out
Fernvale Lane EC Parcel fetch seven bids and this land bid is won by FCL Lodge (Frasers Property)
Highest bidder : est S$555psf ppr
Estimated Breakeven: $966psf
Estimated Selling Price: $1060psf-$1110psf
estimate 500 units
Nearby there is OLA EC launch in March 2020, worth to take a look too
Cushman and Wakefield’s Christine Li gave a rough estimation on above breakeven and selling price range.