"Provided that GLS websites due to the fact June 2024 are observing low Level of competition (with) two to 3 bidders, we hope to discover a muted variety of bidders from developers for the Faber Walk web-site," explained Mr Chu.
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General, the JRL is anticipated to substantially enhance general public transport connectivity during the Western part of Singapore, where the Jurong Lake District (JLD) is slated to become the biggest company hub outside of the central business enterprise district.
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Mr Yip predicts which the website could entice up to 3 bidders and a top rated bid of in between $800 and $850 for every sq ft for every plot ratio (psf ppr).