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Kampong Java site top bid by Chip Eng Seng at $418.8 million

kopar-at-newton-ura-Kampong-Java-gls-parcel-map
Kampong Java Road site was tender for residential use. CELH Development had top bid $418.8 million, translating to $1,192 psf ppr at a closed tender on 15 Jan. The site attracted a total of seven bids. CELH Development is Singapore-listed construction and belong to developer Chip Eng Seng Corp.

The second highest bid was by GuocoLand, $417.24 million, translating to $1,189.97 psf ppr.

The residential site is 99-years leasehold named as Kopar At Newton, to be developed as a new condo that yield a total of 378 residential units.

Right at Makeway Avenue will be the upcoming The Atelier condo.

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