Case Study: 

Selling price of Handy Road units is poised to exceed $2,500 psf ppr.

City Developments Limited (CDL) submitted the winning bids for two land parcels at Handy Road and West Coast Vale, the Urban Redevelopment Authority (URA) revealed.

According to a press release, both residential sites were offered for sale on 99-year lease terms.

CDL’s bid of $1,722 psf ppr for the Handy Road site won against 10 others, whilst its bid of $800 psf ppr for the West Coast Vale site won against six bidders.

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