The tender for a Government Land Sale at Flora Drive closed on Wednesday with a top bid of S$163 million from Realty Consortium. The company is understood to be part of Koh Brothers Development. A total of eight bids were received with the lowest coming in at S$130 million. Tripartite Developers and Qingjian Realty (South Pacific) Group put in the second and third highest bids of $147.6 million and...
Flora Drive
The Urban Redevelopment Authority (URA) has awarded the tender for a residential site at Flora Drive to Frasers Centrepoint. The developer submitted the highest bid of nearly S$131.4 million, which translates to about S$3,499 per square metre. Potentially yielding an estimated 380 housing units, the land parcel is located in a Pasir Ris residential estate. The plot has a site area of about 26,800 square...
The Urban Redevelopment Authority (URA) has received four bids for a 99-year residential land site at Flora Drive. At the close of the tender on Thursday, the highest bid came from Frasers Centrepoint, which submitted a bid of S$131.4 billion. This works out to about S$3,499 per square metre. The next highest bid was from Tripartite Developers at S$130.8 million or about S$3,484 per square metre,...
The Urban Redevelopment Authority (URA) has released three residential sites for sale on Tuesday. The two land parcels at Flora Drive and Woodlands Avenue 2 are launched for sale under the Confirmed List of the 1st half 2011 Government Land Sales Programme. Potentially yielding about 380 housing units, the site at Flora Drive is located in a residential estate in Pasir Ris. With a site area of about...
Another four residential sites, which can potentially yield about 1,885 housing units, will be released in April to provide developers and home-buyers with more choices. The Housing & Development Board (HDB) will release a residential site at Sengkang Square/Compassvale Drive for sale on Wednesday under the Reserve List of the Government Land Sales Programme for the first half of this year. It said...
Urban Redevelopment Authority (URA) closed the tender for the residential site at Upper Changi Road North and Flora Drive Tuesday. A total of six bids were submitted for the site and the top bid came from Tripartite Developers at S$148.3 million. This is a joint venture company formed by Hong Leong Holdings, City Developments and Trade and Industrial Development. Tripartite's bid is 81 per cent higher...
FAIRLY strong interest from developers is expected in a 99-year leasehold residential site at the corner of Upper Changi Road North and Flora Drive, which will be launched for sale in two weeks' time. It has been put to tender after an unnamed developer committed to bid at least $82 million, said the Urban Redevelopment Authority yesterday. The 3.1ha site, which is not near any MRT station, can be...
DEVELOPERS continue to hunger for land. The Urban Redevelopment Authority has announced that a private housing site at Upper Changi Road North/Flora Drive, next to Edelweiss Park Condominium, has been triggered for release from the government's reserve list. An unnamed developer has agreed to bid at least $82 million or $177.37 per square foot of potential gross floor area. The 99-year leasehold plot is...
Another Reserve List site has been triggered. The Urban Redevelopment Authority (URA) said it will launch for sale a residential site at the junction of Upper Changi Road North and Flora Drive in two weeks' time. It said a developer has committed to bid no less than S$82 million for the three-hectare site. The minimum price is acceptable to the government. URA said the land parcel can yield 390...
The Urban Redevelopment Authority has released detailed sales conditions for two reserve list sites at Clemenceau Avenue/Havelock Road and Upper Changi Road North/Flora Drive. The site at Clemenceau Avenue is slated for hotel development. The parcel is close to the popular entertainment districts of Clarke Quay, Boat Quay and Robertson Walk. It has an area of about 5,500 square metres and a permissible...