Introducing the luxurious Emerald of Katong Condo, situated in the vibrant district of Katong, crafted by the esteemed Sim Lian Land. Out of many bidders, Sim Lian Group emerged triumphant in the rigorous tender process on July 18 for the private residential plot on Jalan Tembusu. Their successful bid of $828.8 million equates to $1,069 per square foot per plot ratio (psf ppr), narrowly clinching the top spot by a mere $800,000 (0.1%). A runner-up in the bidding was the alliance of City Developments Ltd (CDL) and Frasers Property, with a close offer of $828 million ($1,068 psf ppr).
Emerald of Katong Condo, nestled in the bustling Katong district, is a brand new development by Sim Lian Land. After a competitive tender process on July 18, Sim Lian Group emerged victorious with the highest bid for the private residential plot on Jalan Tembusu. Their winning offer of $828.8 million …