NSS Realty wins Gambas Crescent tender for $35m
SINGAPORE — The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Gambas Crescent to NSS Realty, which submitted the highest bid of S$35 milion or S$83 per square foot per plot ratio (psf ppr).
SINGAPORE — The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Gambas Crescent to NSS Realty, which submitted the highest bid of S$35 milion or S$83 per square foot per plot ratio (psf ppr).
The land parcel covers an area of 168,616sqf, and was offered for sale on a 30-year lease term with a plot ratio of 2.5.
The industrial site was open for public tender from the period of June 24 to Aug 26.