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22-11-2010, 06:35 PM
GuocoLand has just announced having been awarded a 99-year leasehold land parcel (area: 15,022.6 sq. metres) at Peck Seah Street/Choon Guan Street by URA.....
http://info.sgx.com/webcoranncatth.nsf/V...30027B1C1/$file/URA-Award-PeckSeahSite.pdf?openelement
At a price of S$1,708,080,000 for the land alone, I suppose one can say the proposed property development project is one for the very ambitious. It will be a major financial undertaking and risk for GuocoLand and Quek Leng Chan.
http://info.sgx.com/webcoranncatth.nsf/V...30027B1C1/$file/URA-Award-PeckSeahSite.pdf?openelement
At a price of S$1,708,080,000 for the land alone, I suppose one can say the proposed property development project is one for the very ambitious. It will be a major financial undertaking and risk for GuocoLand and Quek Leng Chan.