URA closes tender for transitional office site at Scotts Road
The Urban Redevelopment Authority has closed the tender for the transitional office site at Scotts and Anthony Roads.
It was launched for sale on 28 February on a 15-year lease.
The land parcel attracted four bids with Sun Venture Investments putting it the highest at S$32.9 million.
Scotts Development was next with a S$32 million offer.
Centurion Scotts tendered for the site at S$24.8 million and Hersing Corporation at S$22.8 million. - CNA/vm
Source : Channel NewsAsia - 1 May 2008
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