Sinarmas Land and MCL Land submit highest bid of $1,223 psf ppr for Pine Grove Parcel B
The tender for the government land sale (GLS) site at Pine Grove (Parcel B) closed on Nov 7 with three bids, with the highest of $692.388 million coming from a joint venture between Sinarmas Land and MCL Land. The bid price of $692.388 million translates to $1,223 psf dp per plot ratio (psf ppr), which […]