23-01-2019, 09:14 AM
CDL Constellation (subsidiary of CDL) and TID Residential won the bid of an EC site in Sumang Walk in Punggol which fetched a whopping 17 bids at a state tender. Sumang Walk EC sits an area of 291,235 square feet (sq ft) and has a plot ratio of 3.0. With the top bid of S$509.37 million, it works out to a record to S$583 per square foot per plot ratio (psf ppr).
Sumang Walk EC is probably the only EC launch in 2019.
Sumang Walk EC is probably the only EC launch in 2019.