HDB releases 2 executive condo sites at Sengkang and Tampines

HDB releases 2 executive condo sites at Sengkang and Tampines

The Housing and Development Board on Monday released two executive condominium (EC) sites, one along Fernvale Lane and the other on Tampines Street 62.

Both 99-year leasehold land parcels can yield up to a total of 1,100 residential units.

The Fernvale site was launched for sale by public tender, under the confirmed list of the H2 2019 government land sales (GLS) programme.

It spans some 17,130 square metres (sq m) in land area, with a maximum permissible gross floor area (GFA) of 47,964 sq m and a maximum building height of 56 metres above mean sea level. The estimated number of EC housing units is 480.

The Fernvale Lane site is across the road from shopping mall Greenwich V. Fernvale LRT station and The Seletar Mall are about five minutes away by car, and schools nearby include Fernvale Primary School and Sengkang Green Primary School.

Its tender closes at noon on March 3, 2020. The tender closing will be batched with those of two other residential sites at Canberra Drive launched in November by the Urban Redevelopment Authority.

Meanwhile, the Tampines land parcel was released for application under the reserve list of the H2 2019 GLS programme. Sites on the reserve list will be put up for tender when a developer has indicated a minimum price which is accepted by the government.

The site takes up 23,799 sq m in land area, with a maximum GFA of 59,498 sq m and a maximum building height of 63-64 metres above mean sea level. The estimated number of EC housing units is 595.

Situated on Tampines Street 62, it is near Tampines Eco Green Park, and a four-minute drive to Pasir Ris MRT station. Schools in the vicinity include Tampines North Primary School, Gongshang Primary School and Dunman Secondary School.

COMMENTS