SINGAPORE - The Urban Redevelopment Authority (URA) has awarded the tender for a residential site at Jurong West Street 41 (Parcel A) to MCL Land (Prestige) Pte. Ltd.
The company submitted the highest bid of $438,888,000 in the tender for the site.
The site has a total gross floor area of 62,601 sqm.
Tender for the residential site was launched on November 15, 2012 and closed on January 29, 2013.
The land parcel was offered for sale on a 99-year lease term.