The Government Land Sales program only had one site zoned for mixed commercial and residential released to tender in Q1 2016. The site located in Bukit Batok was fiercely contested, attracting eleven bids from interested parties. As anticipated, Bukit Batok site’s location in West Avenue 6 and close to the Bukit Batok MRT station stimulated broad interest, as did its the 14,696.7 sq m size. However, analysts observed some developers adopted a more conservative bid strategy than others. Le Quest have the Live Play and Dine Concept which is a mix development condo at Bukit Batok by Qingjian Realty
Le Quest Live Play Dine Concept Bukit Batok
As head of CBRE Research for Singapore and Southeast Asia, Mr. Desmond Sim commented, “Interest in the site was keen as shown by the 11 bids. This is testament to developers’ hunger for land. However, the difference in each developer’s market outlook and …
Recent Comments