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Old 12-07-2019, 09:59 AM   #485
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Join Date: May 2018
Posts: 1,497
“The tender for an EC site at Canberra Link also closed on the same day (July 3), and it saw MCC Land submitting the top bid of $233.89 million. This translates to about $566 psf ppr on the maximum GFA of 413,194 sq ft.”

Two EC will be launch at Canberra in the next two years.

I think this is still ongoing right now. Right now there's a huge demand coming from investors, given the catchment of potential tenants from nearby areas.
Fundamentally, you are already wrong. EC is unlikely to be for investment. EC buyers only have 1 property on hand just like buying any public housing.

What is evolving at Canberra? Anything I am missing out other than the MRT station?
annetyu is offline   Reply With Quote