A land parcel at Sembawang Road and Canberra Link for an executive condominium (EC) development has received only two bids at the close of tender on Tuesday (Sep 30). The Housing and Development Board (HDB) said Qingjian Realty (Residential) placed the highest bid of S$229.38 million, equivalent to about S$353 per square foot per plot ratio, while the other offer came from the combined bid of S$208.5...
Land Sales
JTC Corporation on Monday (Sep 29) launched two Confirmed List sites at Tuas South Street 9 and Tampines North Drive 1, as well as one Reserve List site at Tuas South Street 6, for sale. The land sales were launched under the second half of the 2014 Industrial Government Land Sales (IGLS) Programme, it announced in a news release on Monday. The two Confirmed List sites are zoned for Business-2...
Two land sites, with an estimated yield of 1,000 housing units once developed, will be released this month by the Urban Redevelopment Authority (URA) and Housing and Development Board (HDB). In a joint press release on Thursday (Sep 25), the agencies said that the two sites will be launched under the second half of the Government Land Sales (GLS) Programme for this year. A residential with...
A land parcel for executive condominium (EC) development at Choa Chu Kang Drive attracted eight bids at the close of its tender on Thursday (Sep 4). The Housing and Development Board (HDB) announced that Sim Lian Land Pte Ltd submitted the highest bid of S$207.4 million. This translates to a unit price of about S$361 per square foot per plot ratio (psf ppr). The second-highest bid was about 2.2 per...
An industrial site at Gambas Crescent (Parcel 4) attracted four bids at the close of tender by the Urban Redevelopment Authority (URA) on Tuesday (Aug 26). The highest bid of S$35 million came from NSS Realty Pte Ltd, while the lowest bid of S$25.6 million was put in by Hock Lian Seng Holdings. The 1.57-hectare site is zoned for Business-1 development and has a 30-year tenure and a maximum gross plot...
Two new residential sites have been released for sale, and these are expected to yield about 900 residential units when developed, according to both the Urban Redevelopment Authority (URA) and the Housing and Development Board (HDB). The residential site at Lorong Puntong and Executive Condominium (EC) site at Sembawang Road/Canberra Link were launched for sale on Monday (Aug 18) under the second half...
Two sites in Sengkang put up for sale under the Government Land Sales (GLS) programme have received lower-than-expected bids in yet another sign of a softening private residential market. The 178,723 sq ft Fernvale Road Parcel A received four bids, with CEL Development and Unique Residence jointly putting in the top bid of S$234.9 million, or around S$438.20 per square foot per plot ratio (psfppr),...
JTC Corporation on Tuesday (July 29) launched two industrial sites at Tuas for sale under the second half 2014 Industrial Government Land Sales (IGLS) programme. The two sites - at Tuas Bay Close and Tuas South Street 7 - were launched as part of the Government's efforts to provide industrial space and offer more choices for industrial development, the company said in its statement. For the Tuas Bay...
The Housing and Development Board (HDB) and Singapore Land Authority (SLA) has earmarked a 1.23-hectare plot of land at the junction of Syed Alwi Road and King George's Avenue for public housing development. In a joint statement on Monday (July 14), the agencies said the land is zoned for residential use in the Master Plan and comprises mainly of vacant State land and a private industrial property at...
A residential site at Sembawang Avenue has received only four bids. A consortium comprising FCL Tampines Court and KH Capital submitted the highest bid of about S$214 million for the 22,189.7 square metre site. That translates to a unit price of about S$320 per square feet per plot ratio (psf ppr). The second highest bid for the site came from a consortium that includes Verwood Holdings and TID...