Frasers Property unit tops bids for Sengkang EC site; UOL-led consortium is highest bidder for a condo plot in Canberra Drive

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Seven offers were received for the Fernvale Lane EC site.

The highest bidder was Frasers Property’s FCL Lodge, which paid S$286.54 million, or nearly S$555 per square foot per year.
A collaboration between Sing Holdings Residential and MCC Land came in second with a bid of S$285.1 million, or S$552 psf ppr (Singapore).
A consortium led by Evia Real Estate submitted the lowest proposal, which was around S$500 psf ppr.

Source: https://www.businesstimes.com.sg/real-estate/frasers-property-unit-tops-bids-for-sengkang-ec-site-uol-led-consortium-is-highest

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