SINGAPORE (July 27): A Keppel Land and Wing Tai Land JV has submitted the top bid of $446.3 million for a 99-year leasehold residential site in Serangoon North Ave 1.

The partners plan to develop over 600 homes on the 1.7ha site, which is situated within a mature residential estate.

The JV was established by Corson, a subsidiary of Keppel Land, and Wingjoy Investment, a subsidiary of Wing Tai Land.

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