Government to release three residential sites estimated to yield 845 housing units in March 2013

To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing three residential sites for sale in March 2013 under the Government Land Sales Programme (GLS) for 1st half 2013 (1H2013).

Together, these three sites can yield about 845 residential units.

An executive condominium site at Woodlands Avenue 5 and a residential site at Coronation Road are launched for sale today under the Confirmed List. In addition, a residential site at Jalan Bunga Rampai is made available today for application on the Reserve List.

Situated within HDB Woodlands estate, the land parcel at Woodlands Avenue 5 can potentially yield about 590 executive condominium units. It is easily accessible via Admiralty and Woodlands MRT stations and Seletar Expressway (SLE).

The land parcel at Coronation Road has a site area of about 3.8 ha, it can potentially yield about 140 landed housing units. The site is located in an established landed housing estate at Bukit Timah, and is easily accessible via major roads and expressways such as Bukit Timah Road and Pan Island Expressway (PIE).

Jalan Bunga Rampai land is situated within an established residential estate at the city’s fringe, the land parcel has a site area of about 0.5 ha and can potentially yield about 115 housing units. It is easily accessible via Bartley MRT Station, PIE, Central Expressway (CTE) and Kallang Paya Lebar Expressway (KPE).

Tender for the land parcels at Woodlands Avenue 5 and Coronation Road will close on 9 May 2013 and 20 June 2013 respectively. Selection of the successful tenderer will be based on the tendered land price only.

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