Sim Lian Development Pte Ltd has outbid 6 other developers to clinched the land at Dairy Farm Walk. The 168,597 sq ft, 99-year leasehold site, has the potential to yield about 350 to 400 residential units.
With the land rate of $980 psf ppr, the new condo project, The Botany At Dairy Farm, at Dairy Farm Walk residential site could be launched at $1,880 to $1,980 psf.
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