The top sell projects is The Collective at One Sophia in the CCR, followed by Emerald of Katong in the RCR and Chuan Park in the OCR
The Government pushed out 3 GLS sites for sale – Bayshore Road, Media Circle (Parcel A) and (Parcel B)
The Bayshore Road site is the first private residential site in the upcoming Bayshore precinct and the first private residential site to have doorstep access to Bayshore MRT station
The strong demand of more than 5,000 applicants for the 1,006 4-room flats in the two Bayshore BTOs attests to the popularity of living near the East Coast
It may attract up to 4 bidders and a top bid of around $1,200 psf ppr or up to $570 million
The two Media Circle sites have different tender closing dates and will allow developers to monitor interest in the area and help them to formulate tender bids
Each site may attract up to 3 bidders and the top bid may be between $1,000 and $1,100 psf ppr or up to $494 million.
