UOL top the bid of the HDB Government Land Sales two days ago amongst 7 other bidders to the plot at $262.1m (about $488.84 per square foot per plot ratio (psf ppr))

Just right by Punggol Reservoir, this is probably the drawing point for UOL’s new nature enclave residential project in the vicinity.

District 28 seems to have quite a fair bit of sales activity, especially pertaining to first time buyers. H2O Residences (a CDL project) has recently sold over 90% of their units and have also revised their pricing after the winning land bid.

[block type=”download”]View the winning bid details from HDB here[/block]