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 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...