Asset legend won the bid over a residential plot with first storey commercial shops at Upper Serangoon Road. The company finished the bidding battle at a staggering $276.8 million. There were 11 bids thrown over the site.
The site was offered for a 99-year leasehold. It measures around 10,097.1 square meters. Once structured, its residents will get to enjoy great accessibility as it is near Kovan MRT Station and Expressways.
Leisure or recreational facilities that can be seen near the site include Heartland Mall, Sports Hall, NEX Mall, Swimming Complex and Hougang Stadium. Serangoon Junior College is also just a few minutes drive away!