Government to release six residential sites estimated to yield 2,380 housing units

The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) are releasing six residential sites for sale in April 2012.

This is to provide developers and home-buyers with more choices for private housing.

In a statement, the URA said that together, the six sites will yield about 2,380 units as part of the total 14,100 residential units to be released under the Government Land Sales (GLS) Programme for 1st half 2012 (1H2012).

The three land parcels at Sengkang Square, Buangkok Drive and Pasir Ris Drive 3, which can yield about 1,780 housing units, will be launched for sale on Monday under the Confirmed List.

In addition, two other residential sites at Alexandra View and Farrer Drive will also be made available on Monday for application on the Reserve List.

Meanwhile, the land parcel at Farrer Road will be released for sale on the Reserve List on April 30.

Source : Channel NewsAsia – 16 Apr 2012

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