SGX:TQ5Real Estate
Will Winning the Bayshore Transit Hub Site Redefine Frasers Property's (SGX:TQ5) Mixed-Use Strategy?
Frasers Property Limited, together with Frasers Centrepoint Trust, Sunway MCL, Sekisui House and Lum Chang, recently emerged as the top bidder for Singapore’s Bayshore Drive Government Land Sales mixed-use site with a bid of S$2.10 billion, positioning the consortium to potentially deliver up to 1,280 homes and a sizeable retail mall directly linked to Bedok South MRT and a new bus interchange.
As the only mixed-use plot in the Bayshore precinct under the current URA Master Plan, the...