Friday, August 23, 2013

Centurion submits top bid of $80.8 mil for Woodlands land

Centurion Corporation said the company has, through an indirect wholly-owned subsidiary, Westlite Dormitory (V One) Pte Ltd, submitted the highest tender of $80.8 million for a land located at Woodlands Avenue 10.

The land is for a proposed development of a workers dormitory with a capacity of 4,100 beds for foreign workers in the marine, process and manufacturing industries.

It has a lease term of 30 years.

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