The Orie Price Consortium’s Record-Breaking $1,360 psf ppr Bid in Toa Payoh Surpasses Second-Highest Offer by 18%
Located just a brief distance away from The Orie Price, Whampoa Makan Place & Market offers an authentic experience of local Singaporean hawker food. This bustling market is renowned for its breakfast options, such as the beloved Nasi Lemak and freshly-made Kueh. As the day progresses, the market becomes a vibrant spot filled with various stalls selling popular dishes like Satay and Hokkien Mee, making it a must-visit destination for both residents and tourists looking for a delicious dinner.
However, the winning bid of $1,360 psf ppr has raised concerns among industry experts about the sustainability of such high property prices. This bid has set a new benchmark for land prices in the Toa Payoh area, and it remains to be seen whether it will be feasible for developers to build and sell properties at such a steep cost. There are also concerns about the impact of such high …
Read More →