A land parcel for an executive condominium (EC) development attracted relatively large number of responses at the close of the tender on Thursday (Feb 12), but the top bid received was the lowest in three-and-a-half years. The Housing and Development Board (HDB) said it received seven bids for the EC land parcel at Woodlands Avenue 12. Hao Yuan Investment submitted the top bid of S$103.79 million, which...
Land Sales
A land parcel at Anchorvale Crescent for an executive condominium (EC) housing development attracted just three bids at the close of the tender on Tuesday (Jan 20), attesting to weaker sentiment in Singapore's housing market. Sim Lian Land submitted the top bid of S$157.8 million for the 17,450.10 square metre 99-year leasehold site, which can be used to develop an estimated 525 dwelling units, the...
The tender for an industrial site at Tuas South Street 9 has been awarded to the highest tenderer, Asiaone Logistics & Warehousing Pte Ltd, at a tendered sale price of S$7,038,000. In a press release on Monday (Jan 19), JTC Corporation (JTC) said the tender for the site had attracted four bids. The site has an area of 8,369 square metres with a tenure period of 20 years and seven...
The Government is tightening the supply of industrial land. A total of 14 sites have been placed under the Industrial Government Land Sales (IGLS) Programme for first half of 2015 - one fewer than for the preceding six months. Of the 14, nine sites have been placed on the Confirmed List. Of these, three are located at Tampines Industrial Drive, four at Tuas South, and one each at Woodlands Avenue 10 and...
JTC Corporation (JTC) said on Tuesday (Dec 16) that it will offer two sites in Tuas for sale by public tender. The first site, which is on JTC's Confirmed List, is a 0.8-hectare piece of land at Tuas South Street 11 that had been zoned for Business-2 development. The site has a 20-year five-month tenure with a maximum permissible gross plot ratio of 1.0. The tender closes on Feb 10, 2015. Mr...
With the Government cutting the supply of commercial space, analysts said they expect two commercial sites to be triggered for tender next year. They have been placed for sale on the Reserve List under the Government Land Sales (GLS) Programme for first half of 2015. The two sites comprise the mixed-use site at Woodlands Square and a white site located at Marina View/Union Street. Under the Reserve...
To provide home buyers with more choices for private housing, three sites that can yield about 1,500 homes will be released for sale under the second half of the Government Land Sales (GLS) Programme in 2015. A residential site at Jurong West St 41 was released for sale on Friday (Dec 5) by the Urban Redevelopment Authority (URA), while the Housing and Development Board (HDB) will launch an Executive...
Nineteen land sites were launched for sale on Thursday (Dec 4) under the first half of the Government Land Sales (GLS) Programme for 2015. The 19 sites - six Confirmed List and 13 Reserve List sites - can collectively yield up to 8,770 private residential units once developed, the lowest in five years. These will include 1,010 executive condominium (EC) units and 265,000 square metres of gross floor...
A mixed development site at Holland Village will be put up for sale next month. Usually, tenders are awarded to the highest bidder. But for this site, authorities are exploring various sales mechanisms. They could include asking developers to submit their plans for the site before accepting their bids. The Urban Redevelopment Authority (URA) said details such as the method of sale are still being firmed...
The Urban Redevelopment Authority (URA) has released a two-hectare commercial site at Beach Road for sale, under the Reserve List of the second half of the Government Land Sales (GLS) Programme. The site fronts Beach Road, Rochor Road and Nicoll Highway, and has a 99-year lease period. In a press release issued on Wednesday (Nov 26), URA said the future development on the land parcel can go up to 45...