JBR Holdings Wins Land Bid in Canberra Parcel A
JBE won land bid for the 13,315 square metre of Canberra land parcel A site. Based on the permissible gross floor area of 200,661 square feet, the boutique condo developer’s successful bid equates to S$644 per square foot.
The Commodore condo will be build on this site which had a height restriction of up to 40metres or five storey high which will yield around 220 units with a average selling price of $1300psf.