Financial News: 4 MAY 2010: Tender for Boon Lay residential site attracted highest bid of S$303mTender for Boon Lay residential site attracted highest bid of S$303m by Keppel Land

Tender for Boon Lay residential site attracted highest bid of S$303m. See news release.

Key Points

• The tender for a residential site at Boon Lay Way and Lakeside Drive has attracted the highest bid of about S$303 million from Keppel Land. 
• A total of 14 bids were received for the site. The next highest bid came from MCC Land at S$263 million.
• URA said it would decide on the winning bidder at a later date.