Hong Leong-led consortium submits top bid of $821 psf ppr for Tengah Gardens Avenue GLS site

The tender for the Government Land Sale (GLS) site at Tengah Gardens Avenue closed on Jan 14 with three bids. A Hong Leong-led consortium, including GuocoLand Singapore and CSC Land Group, submitted the top bid of $675 million, or $821 psf per plot ratio (ppr). Zoned ‘Residential with Commercial at 1st storey’, the 99-year leasehold […]