The plot could attract two to three bids, with the top bid ranging from S$740 million to S$806 million
The upcoming tender for the Tengah Garden Avenue site is expected to attract strong developer interest, being the first private residential site offered in the Tengah area, according to property analysts.
Developers eager to secure a first-mover advantage in Tengah are expected to be particularly drawn to this site. He projects that the site could receive up to four bids, with the highest offer potentially reaching S$950 per square foot per plot ratio .
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