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Chip Eng Seng-Heeton-KSH JV submits winning bid of $701 mil for Woodleigh Lane land

PC Lee Published on Tue, Jul 11, 2017 / 6:50 PM GMT+8

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SINGAPORE (July 11): Chip Eng Seng Corp announced that a JV of a subsidiary has emerged the top bidder of the land parcel at Woodleigh Lane.

CEL Unique Development (CELU), a joint venture 60% owned by Chip Eng Seng and 40% owned by Unique Real Estate, submitted the winning bid of $700.7 million ($1,110 psf per plot ratio).

Unique Real Estate is a joint venture between Heeton Holdings and KSH Holdings.

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