KSH Holdings/Heeton Holdings

KSH Holdings/Heeton Holdings: 50/50 JV, Unique Residence, emerged as top bidder for two land parcels (A & B) at Fernvale Road, with bids of $234.9m ($438 psf ppr) for A and $252.1m ($448 psf ppr) for B, in a joint tender. The 40/60 JVco with CEL Development proposed to develop residential condominiums, with 700 units at each development, on the 99-year lease parcels.