Sinarmas Land and MCL Land submit highest bid of $1,223 psf ppr for Pine Grove Parcel B
Pine Grove (Parcel B) is set to see its GLS tender close on November 7, with three bids. The highest bid was submitted by a joint venture between Sinarmas Land and MCL Land, at $692.388 million – the equivalent of $1,223 psf per plot ratio (psf ppr). This bid was 23.8% higher than the second-highest […]