Boon Lay Way

URA awards of tender for residential site at Boon Lay Way

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Boon Lay Way (Jurong Gateway) to MCL Land Limited. MCL Land Limited submitted the highest bid in the tender for the site at S$369.388 million (S$7,589.64 per square meter of GFA). The next highest was by EL Development Pte Ltd at $369.1 million. The 11,588 m2 site was offered for sale on a 99-year lease. The...

Tender closing for residential site at Boon Lay Way (Jurong Gateway)

The Urban Redevelopment Authority (URA) closed the tender for the residential site at Boon Lay Way (Jurong Gateway) today after receiving 12 tenders for the land. The site at Boon Lay Way (Jurong Gateway) was launched for sale by public tender on 30 April 2012. It was originally on the Reserve List of the Government Land Sales Programme. URA had, on 16 April 2012, accepted a successful application for the...

URA to put up Boon Lay Way residential site for sale

A residential site at Boon Lay Way will be put up for sale by public tender after an application from a developer has been accepted by the government. The Urban Redevelopment Authority (URA) said the land parcel was made available for sale through the Reserve List system on December 22, 2011. Under the Reserve List system, a site will only be put up for tender if the developer's minimum bid price is...

S’pore govt releases three residential sites for sale

The government has released three residential sites for sale on Thursday. These are at Bedok South Avenue 3, Jervois Road and Boon Lay Way. The Urban Redevelopment Authority (URA) said they can yield about 1,325 housing units, adding to the 21,560 units launched for sale under the Government Land Sales (GLS) Programme this year. The land parcels at Bedok South Avenue 3 and Jervois Road are launched for...

URA launches white site for sale at Boon Lay Way

The Urban Redevelopment Authority (URA) has launched a "white site" for sale at Boon Lay Way. This is the second site to be made available for sale in the Jurong Lake district. The site is made available on the Reserve List under the Government Land Sales Programme for the second half of 2010. URA said developers interested in buying the site can now apply for it to be put up for tender. Successful...

Keppel Land plans to develop 550 homes on Boon Lay Way site

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Boon Lay Way and Lakeside Drive to Keppel Land Mayfair. The company submitted the highest tender for the site at S$302.9 million, or about S$5,370 per square metre, per gross floor area. In a statement, developer Keppel Land says it plans to develop about 550 homes of sizes ranging from 500 square feet to 1,400...

$302m for Lakeside site

The tender for the land parcel at Boon Lay Way and Lakeside Drive has attracted the highest bid for a residential site this year. Keppel Land Mayfair, a subsidiary of Mainboard-listed Keppel Land, has submitted the highest bid of $302.98 million for the 1.6-hectare site which can potentially yield 525 units. This was a tad higher than the $302-million bid from Sim Lian Land for the tender of a 3.2ha land...

Tender for Boon Lay residential site attracted highest bid of S$303m

The tender for a residential site at Boon Lay Way and Lakeside Drive has attracted the highest bid of about S$303 million from Keppel Land. The bid by Keppel Land Mayfair works out to about $483 per square foot per plot ratio. At the close of the tender, the Urban Redevelopment Authority (URA) says that a total of 14 bids were received for the site. The next highest bid came from MCC Land at S$263...

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