URA has launched a new GLS at Ang Mo Kio Ave 1. 15 tender bids were submitted. United Venture successfully won the tender at$381.38 million. It is a joint venture between 3 well established developers – UOL Group, Singapore Land & Kheng Leong Company in the ratio of 60:20:20 shares. AMO Residence will be launching tentatively in Q3/Q4 of 2022, a highly anticipated project after the successful launch of Avenue South Residence.
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