The twin vew project is being undertaken by China Construction Development and the plot of land was won by a $292 million bid for the residential development rights along with a 99-year leasehold. There was a total of 9 companies bidding on the site with MCC Land missing out with a bid of $289.9 million. The close contest in the bidding war and huge interest from a number of company’s show’s how promising and in demand the plot of land is.

Twin Vew China Construction South Pacific

The cost of $292 million or $592 per square foot paid by China Construction Development for the plot of land was more than expected by expert analysts due to the high level of interest and competition from other companies. The estimated price for each unit is around $1,200 per square foot at more than twice the buying cost. Twin Vew China Construction is …

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