Jurong Lake District - Why Not Sold?

Video description from @alanweeproperty

Jurong Lake District - Why Not Sold?

I will talk about the white site in Jurong Lake District. As reported in the Business Times. This site was not awarded because the bid at S$640 psfppr was deemed too low. I will share more about this Jurong Lake District master developer site concept. I am also going to analyze why the offer was so low. Plus, going forward. What the authority should do to make this site more sellable?

Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
https://profile.propnex.com/R024730A
www.AlanWeeProperty.com
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References:
https://www.businesstimes.com.sg/property/jurong-lake-district-tender-mega-site-not-awarded-s640-psf-ppr-bid-too-low
https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr24-10
https://www.mnd.gov.sg/newsroom/press-releases/view/release-of-first-half-of-2023-government-land-sales-(gls)-programme
https://www.edgeprop.sg/property-news/cict-completes-sale-jcube-capitaland-subsidiary-340-mil
https://www.edgeprop.sg/property-news/lakeside-apartments-jurong-sold-wing-tai-holdings-273-mil
https://www.businesstimes.com.sg/property/marina-gardens-crescent-site-bid-too-low-plot-not-awarded-ura
https://www.edgeprop.sg/property-news/no-bids-submitted-upper-thomson-road-gls-site
https://www.constructionplusasia.com/sg/jurong-east-integrated-transportation-hub/