HDB to launch condo site at Bukit Panjang

The Housing and Development Board (HDB) will launch a condominium site at Bukit Panjang for sale by public tender on Thursday.

HDB said earlier this week it had accepted an application under the reserve list system from a developer to put the land parcel up for tender.

The 99-year land parcel has a site area of about 244,000 square feet and a permissible gross floor area of 513,000 square feet.

The minimum offer price for the site is S$62 million. The tender will close on August 19.

Source : Channel NewsAsia – 22 Jul 2009

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