Wing Tai bags Lakeside Apartments for S$273.9 million, 14% above reserve price
Source: https://www.straitstimes.com/business/property/tenders-for-tanah-merah-kechil-link-and-yishun-ec-sites-closed-with-bids-above
The prime land at 9E & 9F Yuan Ching Road has been won by reputable developer Wing Tai Asia for S$273.9 million, representing a 14 per cent premium to the S$240 million reserve price.
It is expected to create 306 exclusive units ranging from 1 to 5 bedrooms and only a 13 minutes stroll to Lakeside MRT Station with 1 train stop to Jurong Point Mega Mall and 2 stops to Jurong East Interchange MRT with huge selection of malls.
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