62
Markets5h 20m ago

Sunway MCL and China’s CSC Land Group placed the highest bid of S$751 million ($581 million) for a 99-year leasehold residential site.

Singapore

Who
Sunway MCL, China’s CSC Land Group
What
Sunway MCL and China’s CSC Land Group placed the highest bid of S$751 million ($581 million) for a 99-year leasehold residential site.
When
Fri, 19 Jun 2026 04:08:52 GMT · 5h 20m ago
Where
Singapore ·
Why
The bid was placed amid booming property demand in one of the world’s most expensive real estate markets.
The Frontline Impact

How this affects you

The S$751 million bid for the River Valley Green site, a 22% premium over an adjacent plot, indicates strong market confidence and potential for a high-rise residential development with over 500 units.

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