Singapore Soka Association efficiently awarded the very first tender for the new spiritual land bidding process framework with a cost of 7.08 million. In the future, the religious land in Punggol will be become a Chinese holy place. According to the web site of the Housing Development Board, the spiritual site at the junction of Sumang Stroll and also Sumang Link was released on October 30 last year. The tender was closed on January 8 this year. Near to the land, it is the Piermont Grand EC (Exec Condo) at Sumang Stroll by CDL. The distance to the nearby Waterway Point has to do with 5 minutes.
According to the information, Singapore Soka Association was efficiently granted today (25th). This religious land area has to do with 2007 square meters and the lease term is 30 years. Along with the Singapore Soka Organization, the various other 5 parties bidding earlier were Diqing Forest, Amaranth Bacheng Temple Sanqinggong Co., Ltd., South Island Tianxindong Association, Confucius as well as Mencius Temple, as well as Sanqinggong Taoist Cultural Facility. According to the brand-new tendering structure introduced by the Ministry of National Advancement last September, the tendering tasks for spiritual land will be executed in 2 stages.
In the initial stage, prospective buyers should satisfy 3 conditions, particularly, they must be signed up spiritual teams, frequently organize tasks that benefit the vast neighborhood of our country, as well as discuss their need for spiritual land. After effectively passing the chosen prospective buyers, they can participate in the second phase of the bidding task. The authorities will analyze the monetary scenario of the prospective buyers and afterwards release the whole lot to the spiritual group with the greatest bidding cost.