The Urban Redevelopment Authority (URA) released the detailed sales conditions for the White site at Central Boulevard today. The land parcel is available for application under the Reserve List of the second half 2015 Government Land Sales Programme. Located within the heart of the new growth area at Marina Bay, the future development on the White site will contribute to building up the critical mass of...
Land Sales
A residential site at Clementi Avenue 1 has attracted six bids, said Urban Redevelopment Authority (URA) said on Wednesday (Dec 9). The top bid came from a consortium comprising UOL Venture Investments and Singland Homes, which offered S$302.1 million. This translates to about S$6,620.21 per sqm. Oxley-Lian Beng Ventures was the second-highest bidder, at S$276.201 million. The 140,339 sq ft site can...
The Urban Development Authority (URA) on Thursday (Nov 26) launched a 19,309.6-square-metre residential site at Siglap Road for sale by public tender. The site which has a lease period of 99 years is under the Confirmed List of the second half of 2015's Government Land Sales (GLS) Programme. The site, which can potentially yield about 750 residential units, is close to amenities such as the future...
A 99-year leasehold private housing site along Lorong Lew Lian, near Serangoon MRT Station and Nex, has attracted 11 bids at a state tender. The highest bid - from a three-way partnership involving City Developments' unit, Verwood Holdings, Hong Leong Holdings' unit, Intrepid Investments, and TID Residential - was S$321 million or nearly S$710 per square foot per plot ratio (psf ppr). The lowest bid,...
Two land parcels were released for sale on Wednesday (Sep 30) by the Urban Redevelopment Authority. Collectively, they can yield about 515 residential units. Both sites have a lease period of 99 years and they come under the Second Half 2015 Government Land Sales Programme. The first site - at Alexandra View - has been launched for sale under the Confirmed List. Located near Redhill MRT station, it...
EL Development has placed the top bid of S$314.1 million or S$551.15 per square foot per plot ratio (psf ppr) for a 99-year private condominium site at West Coast Vale. The state tender attracted six bids. The second highest bid, from a tie-up involving Hoi Hup Realty, Sunway Developments and Oriental Worldwide Investments, was nearly S$534 psf ppr. The lowest bid, from a joint venture between...
The Urban Redevelopment Authority (URA) on Tuesday (Jun 30) released detailed sales conditions for the second commercial site at Woodlands Square. The land parcel is available for sale under the Reserve List of the first half 2015 Government Land Sales (GLS) Programme. The second commercial site will be in the Woodlands Regional Centre and will sustain the development momentum of the precinct as a key...
Fourteen sites were released for sale under the Industrial Government Land Sales Programme for the second half of 2015 on Monday (Jun 29) by the Ministry of Trade and Industry (MTI). According to MTI, there will be 10 sites in the Confirmed List and four sites in the Reserve List, with a total site area of 14.3 hectares. The Government will continue to release sufficient land through the programme to...
On Friday (Jun 26), JTC Corporation (JTC) announced it has awarded the tender for an industrial site at Tampines Industrial Drive (Plot 4) to Sim Lian Construction Co at S$5,900,000. The tender for the site was launched on Mar 31 and closed on May 26. A total of three bids were submitted with Sim Lian Construction Co being the highest tenderer. Spanning 5,686.3 square metres, the land parcel has a...
A residential site near the Queenstown MRT drew a top bid of S$483.18 million at the close of a tender on Tuesday (Jun 23), indicating strong demand from developers for well-located sites in mature housing estates. The Housing and Development Board (HDB) said the 10,516.1 sqm, 99-year leasehold site at Dundee Road attracted a total of nine bids, with the highest bid coming from HY Realty, which works...