A CapitaLand and City Developments Ltd (CDL) tie-up has clinched a commercial and residential site in Sengkang Central. Their winning bid of S$777.78 million works out to S$923.59 per square foot per plot ratio (psf ppr) for the 99-year leasehold site next to Buangkok MRT Station. In a joint release on Thursday evening, CapitaLand and CDL said their joint venture will transform the 3.7-hectare site –...
An executive condominium site along Anchorvale Crescent was put up for sale by public tender on Friday (Aug 10), HDB said in a press release. The 17,137-sq-m land parcel can yield a maximum of 550 units. It was triggered for launch from the Reserve List of the Government Land Sales (GLS) Programme on Jul 25, after a developer committed to bid at least S$255 million. Land parcels on the Confirmed...
JTC on Monday said that it has accepted an application to put up an industrial site at Corporation Drive for sale by public tender. The land parcel was made available for application through the Reserve List system under the second half 2018 Industrial Government Land Sales programme. JTC said it had received an application with a committed bid price of at least S$20.7 million. "As the minimum price...
JTC has launched one site for tender under the 2018 Industrial Government Land Sales (IGLS) programme, the government agency announced in a press statement on Tuesday. The launch is part of the government’s efforts to offer more choices for industrial development, and the site at Woodlands Industrial Park is the first of six confirmed list sites for the second half 2018 IGLS programme. Occupying a...
A 99-year leasehold site for executive condominium (EC) housing development along Anchorvale Crescent has been triggered for launch from the reserve list of the Government Land Sales (GLS) Programme. This follows a successful application by an unnamed developer to bid at least S$255 million for the site at tender. This works out to nearly S$461 per square foot per plot ratio (psf ppr). The...
Despite a "healthy supply" of private housing in the pipeline, the Singapore Government said on Wednesday (Jun 27) it will not cut its supply of land for homes in the second half of this year. About 20,000 private homes are expected to be built from Government Land Sales (GLS) and en-bloc sites that are pending planning approval, and there are another 24,000 unsold units from projects that have received...
A commercial and residential site at Sengkang Central, which was launched under the government land sale (GLS) programme for sale via the dual envelop system, received seven tender submissions at the close of the tender on Thursday. Several major developers joined forces, with the usual partnerships seen. They include a joint bid by CapitaLand Singapore and City Developments Ltd, as well as from Wing...
Five land parcels for general agriculture in Lim Chu Kang and Sungei Tengah were put on sale by public tender on Thursday by the Agri-Food and Veterinary Authority (AVA). Of the five, three land parcels may be used to farm food crops, seafood, cattle or goats for dairy milk and/or food frogs, AVA said in a statement. These are located at Neo Tiew Crescent and Sungei Tengah Road. The remaining two...
Singtel is selling its Hill Street property to homegrown-property group EL Development. Planning approval has been granted for redevelopment of the site into a hotel. The price is between S$115 million and S$120 million, which works out to about S$1,830 per square foot per plot ratio, according to Business Times. The unit land price is inclusive of a differential premium to change the use of the...
THE Housing & Development Board (HDB) on Monday launched a mixed commercial and residential site at Upper Serangoon Road for sale by public tender under the government land sales (GLS) Programme. As part of the development of Bidadari Estate, the site was previously scheduled for sale in December 2016 but was deferred to allow the site requirements to be finalised for comprehensive development. At...
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