Frasers Property Wins Top Bid for Fernvale Lane


The greatest prospective buyer was Frasers Residential property’s FCL Lodge, which paid S$ 286.54 million, or nearly S$ 555 per square foot each year.
A partnership between Sing Holdings Residential and MCC Land can be found in second with a quote of S$ 285.1 million, or S$ 552 psf ppr (Singapore).
A consortium led by Evia Property sent the most affordable proposal, which was around S$ 500 psf ppr.
The Fernvale Lane EC site is located across the street from the Greenwich V shopping center.
The Fernvale LRT terminal, The Seletar Shopping Center, Fernvale Primary School, as well as Sengkang Eco-friendly Primary School are all within walking range of the home.

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