Land Sales

Tenders for residential sites at Yio Chu Kang Road, Sumang Walk launched

The Housing & Development Board (HDB) has launched a residential site at Yio Chu Kang Road for sale by public tender under the Confirmed List of the second half 2015 Government Land Sales (GLS) Programme, it announced on Tuesday (Dec 29). A residential site at Sumang Walk has also been released for application under the Reserve List. Both sites can potentially yield about 1,300 residential units in...

Government releases 10 industrial sites for sale

The Ministry of Trade and Industry (MTI) on Monday (Dec 28) launched 10 sites for sale under the Industrial Government Land Sales (IGLS) Programme for the first half of 2016. In a media release, MTI said there will be six sites in the Confirmed List and four sites in the Reserve List, with a total site area of 12.24 ha. This is fewer than the 10 sites on the Confirmed List of the IGLS Programme in...

Industrial sites at Tampines, Tuas go on sale

Two Confirmed List sites at Tampines Industrial Drive (Plot 5) and Tuas South Link 2 (Plot 9) have been launched for sale by public tender, JTC announced on Tuesday (Dec 29). The launches are under the second half 2015 Industrial Government Land Sales Programme. The 0.51 ha site at Tampines Industrial Drive (Plot 5) and the 0.48 ha site at Tuas South Link 2 (Plot 9) are zoned for Business-2...

Singapore cuts supply in first-half 2016 land sales programme

The Government has cut the amount of land it plans to sell in the first half of next year, the Ministry of National Development (MND) said, as property prices remain subdued. Its revised programme will comprise four sites on the confirmed list, which will be launched for sale on set dates, and 12 sites on the reserve list, which will be put up for tender when a developer has offered an acceptable...

Singapore’s H1 2016 GLS comprises 4 Confirmed List sites

THE Singapore Government Land Sales programme (GLS) for the first half of 2016 will comprise four sites on the Confirmed List and 12 sites on the Reserve List. In all, these sites can yield up to 7,420 private residential units, including 1,460 executive condominium (EC) units, and 272,600 square metres gross floor area (GFA) of commercial space, the Ministry of National Development said on...

URA releases White site at Central Boulevard

The Urban Redevelopment Authority (URA) released the detailed sales conditions for the White site at Central Boulevard today. The land parcel is available for application under the Reserve List of the second half 2015 Government Land Sales Programme. Located within the heart of the new growth area at Marina Bay, the future development on the White site will contribute to building up the critical mass of...

Residential site at Clementi Avenue 1 attracts 6 bids

A residential site at Clementi Avenue 1 has attracted six bids, said Urban Redevelopment Authority (URA) said on Wednesday (Dec 9). The top bid came from a consortium comprising UOL Venture Investments and Singland Homes, which offered S$302.1 million. This translates to about S$6,620.21 per sqm. Oxley-Lian Beng Ventures was the second-highest bidder, at S$276.201 million. The 140,339 sq ft site can...

Siglap Road residential site up for sale

The Urban Development Authority (URA) on Thursday (Nov 26) launched a 19,309.6-square-metre residential site at Siglap Road for sale by public tender. The site which has a lease period of 99 years is under the Confirmed List of the second half of 2015's Government Land Sales (GLS) Programme. The site, which can potentially yield about 750 residential units, is close to amenities such as the future...

11 bids for 99-year private condo site in Lorong Lew Lian

A 99-year leasehold private housing site along Lorong Lew Lian, near Serangoon MRT Station and Nex, has attracted 11 bids at a state tender. The highest bid - from a three-way partnership involving City Developments' unit, Verwood Holdings, Hong Leong Holdings' unit, Intrepid Investments, and TID Residential - was S$321 million or nearly S$710 per square foot per plot ratio (psf ppr). The lowest bid,...

Two land parcels for residential purposes released for sale

Two land parcels were released for sale on Wednesday (Sep 30) by the Urban Redevelopment Authority. Collectively, they can yield about 515 residential units. Both sites have a lease period of 99 years and they come under the Second Half 2015 Government Land Sales Programme. The first site - at Alexandra View - has been launched for sale under the Confirmed List. Located near Redhill MRT station, it...

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