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librarian777

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librarian777    0

librarian777
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Daintree Residence is a brand new condominium located along Toh Tuck road off Lorong Kismis, Upper Bukit Timah. The 99 year tenure project will sit on a 18,721 square meter (201,511 square feet) land that is of a rectangular shape, perfect for developing residential units. The Toh Tuck road condo site was the talk of the town during the launch of government land sales in the second quarter of 2016. Anticipating the uptrend of Singapore’s real estate market, it attracted a whopping 24 land-hungry developers to participate in the bidding with Malaysian developer SP Setia emerging winner. Submitting the highest bid at SGD $265 million, SP Setia International (S) Pte Ltd’s offer translates to a Daintree Residence price of land at $939 per square foot based on the maximum permissible gross floor area (GFA) of 26,210 square meter (282,122 square feet).

 

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