A government land tender for a residential site drew a massive 22 bids, despite tough new measures to cool the housing market. The Urban Redevelopment Authority (URA) said the site at Chestnut Avenue/Almond Avenue attracted a top bid of S$70.8 million from a company called SCB Terraform. The next highest bid of S$67.8 million came from SK Land Pte Ltd. CT Projects Pte Ltd put in the third highest bid of...
Chestnut Avenue
The Urban Redevelopment Authority has awarded the tender for the residential site at Chestnut Avenue to S P Setia International. The site attracted 12 bids, with S P Setia International submitting the highest bid at S$180 million. The 1.87-hectare land parcel which was offered for sale on a 99-year lease could yield about 380 housing units. Source : Channel NewsAsia - 30 Nov...
The Urban Redevelopment Authority (URA) has closed the tender for a residential site at Chestnut Avenue. The 1.87-hectare land parcel, which can yield some 380 housing units attracted a total of 12 bids. SP Setia International submitted the top bid of S$180 million. The other bids for the 99-year leasehold site ranged between just over S$166 million and S$131 million. Property consultancy CBRE said the...
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing Development Board (HDB) will be releasing four residential sites for sale in October 2011. Together, these sites will yield about 1,900 units, adding to the 13,825 units which have been launched under the Government Land Sales (GLS) Programme this year. The supply of private...
The Urban Redevelopment Authority (URA) has launched a residential site at Chestnut Avenue for sale by public tender today. The site area is about 1.87 ha, and the land parcel will have a maximum permissible gross floor area (GFA) of 39,271 sqm. The site, located in the western part of Singapore, is well connected to major arterial roads and expressways such as Bukit Timah Expressway (BKE), Pan Island...
The Housing and Development Board (HDB) has received 13 bids for the land parcel at Chestnut Avenue at the close of its tender on Wednesday. The land parcel has a site area of 22,700 square metres, with a maximum allowable gross floor area of 47,670 square metres. It is set aside for condominium housing, with a lease period of 99 years. Sunny Vista Developments and Hong Realty have jointly submitted the...
The Housing and Development Board is releasing two parcels of land for condominium housing under the Reserve List of the Government Land Sales programme.One of them, at Jurong West Street 42, is for executive condominium housing, while the other at Chestnut Avenue is for private apartments. Among the two sites, the one at Chestnut Avenue is expected to get more attention from developers. Analysts said this...