KUALA LUMPUR: Gamuda Bhd
's wholly-owned subsidiary Gamuda (Singapore) Pte Ltd has made the highest bid for a parcel of leasehold land in Chencharu Close, Singapore, via a joint venture with Evia MSC Pte Ltd and H108 Pte Ltd.
The group said in a bourse filing that the Housing and Development Board of Singapore announced the provisional tender result with a winning bid of SGD1.01bil (RM3.33bil) after the tender closing date on Sept 11, 2025.
The 29,450.3 sqm land is earmarked for mixed commercial and residential development.
This is the second major win by a Malaysian developer in Singapore in as many days. On Wednesday, Sunway Bhd announced that its JV with Sing Holdings Residential Pte Ltd had secured a RM2.05bil tender for a parcel at Chuan Grove in Singapore.
