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A wheelock Properties (Singapore) unit, Pinehill Investments, has put in the highest bid of $789.89 per square foot per plot ratio (psf ppr) for a private residential site at Ang Mo Kio Avenue 2.

Demand was strong for the 99-year leasehold site with 12 bids put in, which included some big name developers.

"We see great potential in this choice site being next to St Nicholas Girls' School and the future Mayflower MRT station," said Tan Bee Kim, senior executive director at Wheelock Properties (Singapore).
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