SINGAPORE (Sept 19): A joint venture of Gamuda Bhd’s Singapore unit has put in the winning bid of $318.89 million for a land parcel at Anchorvale Crescent.

Gamuda Bhd is the Bursa Malaysia-listed engineering, property and infrastructure company.

The tender for the 51,411.9 sq m land parcel was called by HDB and submitted under a joint venture (JV) between subsidiary Gamuda (Singapore) and Evia Real Estate.

The land is earmarked for the development of an executive condominium (EC), the statement added.