A residential site sitting on a land area of about half a football field opposite Parkway Parade is up for sale by tender. The 47,400 square foot site on 37 East Coast Road holds a 113-year-old former beachside villa which has been identified for conservation by the Urban Redevelopment Authority. The villa has an estimated gross floor area of 3,100 square feet and was built by the late Choa Kim Keat,...
Land Sales
The Urban Redevelopment Authority (URA) has put up two residential sites along West Coast Link and along Choa Chu Kang Road for sale by tender. The land parcels were released for sale under the Confirmed List of the Government Land Sales Programme for the first half of the year. Together, the two 99-year lease sites can yield nearly 700 housing units. URA said the land parcel at West Coast Link has a...
The Urban Redevelopment Authority (URA) said the tender for a commercial and residential site at Hillview Avenue closed on Thursday with a total of 12 bids. The highest bid of S$289.77 million came from Tuas Technology Park, while the joint bid by Sing Holdings Limited and Fragrance Group Limited came in second at S$282.21 million. Sim Lian Land and Sim Lian Development jointly handed in the third...
The Urban Redevelopment Authority (URA) has released three residential sites for sale on Tuesday. The two land parcels at Flora Drive and Woodlands Avenue 2 are launched for sale under the Confirmed List of the 1st half 2011 Government Land Sales Programme. Potentially yielding about 380 housing units, the site at Flora Drive is located in a residential estate in Pasir Ris. With a site area of about...
The Urban Redevelopment Authority (URA) has closed the tender for a commercial site at Paya Lebar Road and Eunos Road 8 after receiving 10 bids. The highest bid of S$585.6 million came from joint bidders Siong Feng Development, Guthrie, and Sun Venture Commercial. The land parcel has a site area of 14,851.6 square metres and a maximum permissible gross floor area of 62,377 square metres. The site was...
National Development Minister Mah Bow Tan says that lowering the price of state land is equivalent to taking money from Singapore's reserves. Mr Mah was rebutting comments from Workers' Party (WP) Secretary-General Low Thia Khiang, who had proposed that the cost of state land be lowered so that homes can be built cheaper. Speaking to reporters on the sidelines of a community event on Saturday, Mr Mah...
A condominium land site located on Bendemeer Road/Whampoa East has been awarded to United Engineers Developments, which submitted the top bid of S$543 million or S$8,332.87 per sqm (psm) based on gross floor area (GFA) The 99-year leasehold land parcel, sized at 18,618 sqm or 200,404 sq ft, has a maximum permissible GFA of 65,163.9 sqm or 701,424 sq ft. The site, which went up for tender on Feb 23, can...
The Housing and Development Board (HDB) has closed the tender for a residential site at Tampines Central 7 after receiving four bids. The highest bid came from developer Sim Lian Land for S$278.8 million. The land parcel has a site area of 22,000 square metres and a maximum gross floor area of 66,000 square metres. The site, slated for executive condominium (EC) housing, was launched for public tender...
A condominium land site located on Bendemeer Road/Whampoa East has been awarded to United Engineers Developments, which submitted the top bid of S$543 million or S$8,332.87 per sqm (psm) based on gross floor area (GFA) The 99-year leasehold land parcel, sized at 18,618 sqm or 200,404 sq ft, has a maximum permissible GFA of 65,163.9 sqm or 701,424 sq ft. The site, which went up for tender on Feb 23, can...
Another four residential sites, which can potentially yield about 1,885 housing units, will be released in April to provide developers and home-buyers with more choices. The Housing & Development Board (HDB) will release a residential site at Sengkang Square/Compassvale Drive for sale on Wednesday under the Reserve List of the Government Land Sales Programme for the first half of this year. It said...