>

>

Wing Tai Holdings awarded GLS site at River Valley Green

/ EdgeProp Singapore |

June 27, 2024 1:08 PM SGT

Winchamp Investment, a subsidiary of Wing Tai Holdings, has been awarded the tender for a Government Land Sales (GLS) site at River Valley Green.

The developer submitted the top bid of $464 million for the 100,009 sq ft site off River Valley Road when the tender closed on June 19. Wing Tai's winning bid translates to a land rate of $1,325 psf per plot ratio.

According to a press released issued by Wing Tai, the site will be developed into a 'modern and luxurious residential development' comprising over 400 units.

Read also: [UPDATE] Wing Tai Holdings wins tender for freehold Holland Tower site for $76.3 mil

"Wing Tai is delighted to have been awarded this attractive site set within the prime bustling River Valley area. Leveraging the superior location attributes and comprehensive amenities in the area, we look forward to creating a distinctive development with premium living spaces that complement the vibrant pulse of city centre living," says Edmund Cheng, Deputy Chairman of Wing Tai Holdings.

River Valley Green (Parcel A) has a plot ratio of 3.5 and a maximum gross floor area of 350,035 sq ft. The site is adjacent to Great World City MRT Station on the Thomson-East Coast Line and it is close to Great World City.

Tags:

Wing Tai Holdings

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Emerald of Katong hits 99% sales at launch, averaging $2,621 psf

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

Sim Lian Group’s Emerald of Katong: Will it be another top-seller?

5

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00