The Housing and Development Board (HDB) is launching another residential site for public tender under the Design, Build and Sell Scheme (DBSS). The latest project is located at Yishun Avenue 11 and Yishun Central. It is near a range of amenities such as educational institutions, a sports stadium and a swimming complex. Some 700 units are estimated to be on offer when the project is completed. Under the...
Land Sales
Property consultancy Colliers International has launched the tender of a freehold industrial site at No.21, Kim Keat Road at an asking price of S$42 million. That works out to S$734 per square foot per plot ratio. This includes a possible development charge of S$25 million. Under the 2008 Master Plan, the site is zoned for 'Business 1' use. But the Urban Redevelopment Authority (URA) would consider...
THE Urban Redevelopment Authority has launched the tender for an industrial site next to Seagate's facility in Woodlands. An unnamed developer has agreed to bid at least $25 million or $28.78 per square foot per plot ratio (psf ppr) for the 60-year leasehold plot. The site is zoned Business 1, which means light and clean industry and warehouse uses are allowed. The 347,451 sq ft land parcel can be built...
An industrial site at Woodlands Avenue 12 has been put up for sale by public tender. The Urban Redevelopment Authority (URA) said a developer has committed to bid at least S$25 million for the land parcel. The land parcel, which has a lease period of 60 years, has a site area of about 3.2 hectares and a maximum gross plot ratio of 2.5. It can be developed for a variety of uses under "Business 1"...
THE flow of residential land onto the market continues with three government sites up for grabs by tender, and a fourth ready for release if developers show interest. The three sites confirmed for tender are 99-year leasehold plots. Two are near MRT stations. A plot at Boon Lay Way near Lakeside MRT station can yield 525 units, while a site across the road from Simei MRT station can yield about 250...
Four more residential sites - on which more than 1,200 private homes can be built in total - were released for sale by the government yesterday. The Urban Redevelopment Authority (URA) yesterday also reiterated that the potential supply of land from the government's land sales programme and the supply from projects in the pipeline will be 'more than sufficient to meet the demand for private...
The Housing and Development Board (HDB) said on Tuesday it has accepted an application for a residential land parcel at Tampines Road under the Reserve List System. The site, with an area of 2,662 square metres, is proposed for the development of landed or apartment housing on a 99-year lease. It has an allowable gross floor area of 3,727 square metres and the minimum offer price for the land parcel is...
Developer Sim Lian Land has clinched the tender for the residential site at Tampines Avenue 1 and Avenue 10. It submitted the top bid of S$302 million for the 3.2-hectare plot. The site with a 99-year lease had attracted a total of eight bids. The remaining bids range between S$168 million and S$289 million. The Urban Redevelopment Authority (URA) said it is the fourth residential site to be sold through...
THE tender for a transitional office site in Mohamed Sultan Road closed yesterday with a top bid almost four times greater than an offer received in 2008 when the property failed to sell. Boutique development firm Link (THM) Holdings bid $17.19 million, or $172.37 per sq ft (psf) of gross floor area. That was nearly 30 per cent above the second highest bid of $13.29 million, or $133.26 psf of gross floor...
THE Urban Redevelopment Authority (URA) yesterday received surprisingly high bids for a transitional office site at Mohamed Sultan Road. The 15-year leasehold plot attracted three bids. The highest was $17.19 million, or $172 per sq ft per plot ratio (psf ppr), from a boutique property developer and sports fashion retailer Link (THM) Holdings Pte Ltd. Yesterday's top bid was eye-catching on several...