CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

Samantha Chiew
Samantha Chiew8/16/2018 10:38 PM GMT+08  • 2 min read
CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil
SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.
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SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.

The bid was submitted on a Two-envelope Concept and Price Revenue tender system which works out to $923.60 per sq ft of gross floor area.

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