URA closes tender for transitional office site at Scotts Road
SINGAPORE: The Urban Redevelopment Authority has closed the tender for the transitional office site at Scotts and Anthony Roads.
It was launched for sale on 28 February on a 15-year lease.
The land parcel attracted four bids with Sun Venture Investments putting it the highest at S$32.9 million.
Scotts Development was next with a S$32 million offer.
Centurion Scotts tendered for the site at S$24.8 million and Hersing Corporation at S$22.8 million. - CNA/vm
Source: Channel NewsAsia
Filed under: Commercial, Government Land Sales, Investment, Market Trend, Property News
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