First GLS site in Toa Payoh in eight years attracts $968 mil bid from CDL, Frasers Property, and Sekisui House
Major property developers City Development Ltd (CDL), Frasers Property, and Sekisui House have jointly submitted the highest bid for a rare Government Land Sales (GLS) site located at the junction of Lorong 1 and Lorong 4 Toa Payoh. The bid of $968 million translates to a land rate of $1,360 psf per plot ratio (ppr). […]