A significant bid has been made for a residential site. The offer of $1.4 billion is notable for its high value per square foot. This amount translates to $1,537 per square foot per plot ratio.
Further details about this bid are available from the source. It is known that a joint venture between UOL and CapitaLand submitted the offer.
The bid sets a new record for residential land in a particular area, surpassing previous highs.
Recent coverage curated from local and regional sources.
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