UOL JV Snaps Up Silat Ave Site For $1.04bil

Avenue-South-Residence-UOL-Sole-Bidder-Led-GLS-Silat-Avenue

UOL Group, Singapore’s public-listed property company, together with UIC Homes and Kheng Leong Company as a Consortium, has been awarded the winning bid for the Silat Avenue residential land parcel. The 99 years leasehold site has a total area of 245,972 square feet.

The Consortium will develop two 56-storey residential towers and five conserved buildings comprising of 1,074 residential units and commercial shops. Future residents can expect unblock panoramic sea view and the beautiful city skyline of Singapore.

Source: https://www.mingtiandi.com/real-estate/projects-real-estate/uol-led-group-pays-771m-for-residential-site-on-singapores-silat-ave/

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