Sengkang opened and offered a part of its land recently for bidding. The land parcel located at the Fernvale Link was planned to be a site of yet another Chinese temple in the country. However, there were some changes that occurred, allowing developers to bid on it and the tendered closed only last Tuesday. This was the report confirmed by the Channel NewsAsia.
Out of all four institutions and companies that showed interest, it was the Thye Hua Kwan Moral Society who won among the rest. It had a winning bid of $6 million for this particular Fernvale Link land parcel. The Buddhist Compassion Relief Tzu Chi Foundation, Singapore chapter, was also attracted to this area. Unfortunately, it about $2 million short compared to what the Thye Hua Kwan Moral Society bid. The Tzu Chi Foundation only tendered $4.58 million when the bidding ended.
It was only in July last year that this land parcel was given to the Eternal Pure Land (EPL). As mentioned before, the first plan was to have a columbarium built here. However, many residents disagreed to the said project and protested to the Ministry of National Development (MND). The latter reviewed their arguments and later on recalled the title from EPL.
Before May 2015 ended, the MND reconsidered the bidding of this 2,000 sqm land parcel. They also said that it would still retain its original purpose which is to build a Chinese temple in Fernvale Link so that future residents of FloraView&Floravista, RiverTrees Residences, High Park Residences and other developments can also benefit from the said said.
The bid made by Thye Hua Kwan Mora Society recently was $5.2 million more compared to the last year’s bid of Eternal Pure Land. During 2014 as well, Peng Hong Association bid $3.03 million and Lorong Koo Chye Sheng Hong Temple Association $3.88 million for the same land parcel.
~If you are interested to read on more new launches, please see Adana @ Thomson, Trilive and Botanique @ Bartley which are located in district 19 and 20.
