UOL Submits Top Bid of $491.3 Mil for Clementi Ave 1 GLS Site
Source: https://www.edgeprop.sg/property-news/uol-submits-top-bid-4913-mil-clementi-ave-1-gls-site
UOL and UIC jointly submitted the highest bid for the tender of URA GLS land in Clementi Avenue 1. The land cost bid was at $788.31 per sq st per plot ratio and breakeven price is esstimated at $1,260 to $1,300 per sq ft GFA. Clavon is expected to be one of the most competitively priced new launches in 2020.
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