$320 Minimum Price Bid for Residential site adjacent to Tanah Merah MRT
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- After a convinced property developer invested a bid of $320 million minimum price for the residential site on the reserve list at Bedok South Avenue 3 and New Upper Changi Road, it was then offered up on cut-rate sale last January 7 of 2016 as affirmed by Urban Redevelopment Authority (URA). With an anticipated number of 570 residential units and with an area of some 2.4ha, public tender will have the 99-year leasehold residential site be put out for sale. This site is handily built-up nearby Tanah Merah MRT and only a few mins drive to Singapore University of Technology and Design and Changi Business Park. For details, see https://www.propertyreview.sg/320-minimum-price-bid-residential-site-close-tanah-merah-mrt/
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