Wednesday, November 21, 2007

Allgreen Properties Wins Tender For Enggor Street Residential Site

Source : Channel NewsAsia, 20 November 2007

Developer Allgreen Properties has won the tender for the second residential site at Enggor Street.

Allgreen had put in a top bid of S$181 million for the 99-year leasehold site.

That works out to around S$7,700 per square metre of gross floor area.

But the price is 16 percent lower than that paid by Far East Organization for an adjacent site earlier. - CNA/ms

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