The government will spend about S$1 billion over the next five years to realise the remaking plans for the three areas selected for the HDB's "Remaking Our Heartland" programme. Describing them as established ones, National Development Minister Mah Bow Tan said they are Hougang, East Coast and Jurong Lake areas. Launching the Remaking Our Heartland plans at Hougang on Saturday, Mr Mah explained that the...
Hougang
The Housing and Development Board (HDB) has closed the tender for a residential site at Hougang Avenue 7 after receiving 6 bids. The highest bid of S$160 million came from Sim Lian Land. That translates to about S$340 per square foot per plot ratio. The next highest bid was S$156 million from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. Li Hiaw Ho, Executive Director of CBRE...
THE roll-out of land in response to high demand for homes has continued, with the Government launching public tenders for two more sites yesterday. Both residential development sites - in Hougang Avenue 2 and Upper Serangoon Road - are 99-year leasehold plots. The Upper Serangoon site, in Pheng Geck Avenue, is on the Government's confirmed list. These sites are scheduled for tender without developers...
Bids seen coming in at up to $560 psf ppr and $350 psf ppr respectively TWO more 99-year leasehold residential plots were launched for sale by the government yesterday - one at Upper Serangoon Road from the confirmed list and the other at Hougang Avenue 2 from the reserve list. The Hougang Avenue 2 site was triggered by a developer who agreed to bid at least $109.9 million for it, which works out to $241...
A SITE in Hougang Avenue 2 has been triggered for tender after an unnamed developer committed to a minimum bid of $109.9 million. The 3.02ha plot is slated for development into apartment blocks of up to five storeys in height, or landed homes of up to three storeys, and is located adjacent to Hougang HDB town. Surrounded by mostly landed homes, it has a 99-year lease and a maximum gross floor area of...
Tender for the plot on the reserve list of the H12010 GLS programme will be launched in 2 weeks THE Urban Redevelopment Authority (URA) has accepted an application from a developer to tender a residential site at Hougang Avenue 2. The 99-year-leasehold plot is on the reserve list of the first-half 2010 government land sales (GLS) programme. The tender will be launched in two weeks. URA said yesterday...
The Urban Redevelopment Authority (URA) said it has accepted an application to put up a residential site at Hougang Avenue 2 for public tender. It said a developer has committed to bid at least S$109.9 million for the land parcel. The site is one of those on the Reserve List of the first half of this year's Government Land Sales Programme. It's located within an established private residential estate...
For the first time, opposition-held Potong Pasir and Hougang will be eligible for the Lift Upgrading Programme (LUP) for 65 precincts islandwide. Senior Minister of State for National Development Grace Fu revealed this to the media on Monday at a Home Improvement Programme (HIP) event. Residents received upgrades to their piping, laundry areas and electrical systems and 33,000 more households across...