June 3, 2022

United Venture Development wins Pine Grove GLS bid by $800

URA has earlier today closed the GLS tender for Pine Grove (Parcel A) and Dunman Road sites. Both sites were closely watched and expected to draw many bidders, as developers’ land banks are dwindling. Interestingly, while Pine Grove (Parcel A) attracted five bidders, the site at Dunman Road only received two bids. United Venture Development,...

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