The top three bids for the 201,405 sq ft site, which was won by a joint venture of UOL Group and United Industrial Corporation, were separated by about 1 per cent.
Value:$624 million A rare condominium site in Siglap Road near East Coast Park and Victoria School is the project to watch next year, said analysts.
The 207,847 sq ft parcel, expected to yield about 800 units, was won in January by a consortium led by Frasers Centrepoint.
Dr Lee Nai Jia, head of South-east Asia research at Edmund Tie and Co, said he expects strong buyer interest as there have been no new sites in the area since 2001.
9 CUSCADEN ROAD
Value: $145 million The bungalow put up for sale by the descendants of philanthropist Tan Tock Seng marked Hong Kong billionaire Stanley Ho’s first foray into the Singapore property market, nearly a decade after his aborted attempt to partner Genting to build Resorts World Sentosa.
The site, the first hotel redevelopment site on sale in the Orchard area in more than 10 years, attracted one of the highest prices for a landed house.