• Clemente Avenue 1

  • Clemente Avenue 1
  • A land site at Clemente Avenue 1 has been awarded to the Corporation of Singland Homes and UOL Venture Investments by the Urban Redevelopment Authority (URA). They were able to tender at a highest proposal of $302, 1000,000 or $6,620.21 psm. Seemingly there were 6 bidders who submitted their various tenders for the site. The Combination of Oxley and Lian Beng settled at the second place at a price of $276,200,888. The awarded site at Clemente Avenue 1 will become a 99-year leasehold development and could perhaps bid close to 460 residential units with permissible 45,633 sqm floor area. For additional information on the Rising Projects, have a look http://www.propertyreview.sg/clementi-ave-1-residential-site/
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