The Housing and Development Board (HDB) is launching for sale a site at New Upper Changi Road and Bedok North Drive.
The site is zoned for mixed commercial and residential development and will be integrated with a bus interchange.
The site area spans 24,902 square metres, with a permissible gross floor area of 87,157 square metres.
It has a lease term of 99 years and is being made available under the Reserve List system.
Under the Reserve List system, a site would only be put up for tender if a developer’s indicated minimum bid price is acceptable to the government.
Source : Channel NewsAsia – 15 Dec 2009