The Ministry of National Development (MND) on Thursday (May 7) announced that it has signed a Mutual Termination Agreement with Eternal Pure Land (EPL) to terminate a July 2014 award for a place of worship (PW) site at Fernvale Link in Sengkang. MND will re-tender the land for its original purpose as a site for a Chinese temple, it said. Residents had objected to EPL's plans to build a commercial...
Fernvale Link
HDB will launch a Design, Build and Sell Scheme (DBSS) housing site at Fernvale Link/Sengkang West Avenue for sale Wednesday. This year, HDB plans to launch enough sites for about 4,000 DBSS flats, an increase from last year's supply of 3,000 units. The 4,000 DBSS flats will supplement the 25,000 BTO flats and the 1,000 balance flats to be released this year. Thus far, two DBSS land parcels yielding a...
The Housing & Development Board has awarded the tender for the residential site at the junction of Sengkang West Avenue and Fernvale Link to Sunmaster Holdings. The company submitted the highest tender for the site at S$200.5 million out of a total of 10 bids received. The minimum offer price was S$70 million. The land parcel is about 16,998 square metres and is for a proposed condominium...
Developers still appear hungry for land that can be used for condominium development. A tender for a land parcel in Sengkang saw robust bidding, with the top offer coming in at over S$200 million. Industry experts said it is a sign that appetite among developers to snap good sites is currently on a high. The site at Sengkang West Avenue and Fernvale Link received bids from 10 developers. Sunmaster...
A land parcel in Sengkang meant for a condominium development has been launched for sale by public tender. The Housing & Development Board (HDB) is launching the condominium housing site at Sengkang West Avenue and Fernvale Link for sale. Interested developers have to submit a minimum bid of S$70 million. The site was made available for sale through the reserve list in June last year. HDB said a...