Plum Newton site garners 8 bids topped by HH Investment at S$566.29 million or S$1,820 psf ppr
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HH Investment has won the top bid of S$566.29 million (S$1,820 psf ppr) for a private housing site near Newton MRT station, attracting eight bids in total. The second highest bid was from Hoi Hup Realty and Sunway Developments at S$504.38 million (S$1,621 psf ppr). This site is part of the government's plan for a new residential precinct in the Newton area, aiming to introduce around 5,000 new private homes in a vibrant, mixed-use urban village by 2025.
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