Bedok Reservoir is getting too crowded!!!

 

At the close of it’s tender, the DBSS site situated along Bedok Reservoir Road received 6 tenders.

As with most of the other tenders, we think we have a clear winner. The top bid comes from CEL Development Pte Ltd with a bid of $112,688,000. Second in line is Kwan Hwee Investment Pte Ltd with $109,888,880 and third, a joint venture between Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and SC Wong Holdings Pte Ltd with $107,200,000.

Here’s the rest of the bidders and amount bid, if you are interested.

• Sim Lian Land Pte Ltd- $106,000,000
• Khai Wah Development Pte Ltd- $96,000,000
• United Engineers Developments Pte Ltd & Maxdin Pte Ltd- $88,200,000

Already heard some of my fellow old school mates will be balloting for this hot piece of property since it's going to be near the future new Bedok Reservoir MRT station.

Then with Sim Lian starting to market their Waterview on the opposite side of the reservoir, it seems like this area is getting heated up (pun intended)...