Land Sales

URA launches two Canberra Drive residential sites for tender

The Urban Redevelopment Authority (URA) has launched two residential sites (Parcels A and B) at Canberra Drive for sale by public tender under the confirmed list of the second half 2019. The adjacent land parcels, both with 99-year leases, can potentially yield about a total of 675 residential units, the URA said on Thursday. Parcel A spans an area of 13,315.3 square metres (sq m) with a maximum...

URA launches tender for Irwell Bank Road residential site

The Urban Redevelopment Authority (URA) has launched a residential site at Irwell Bank Road for sale by public tender, it said on Thursday. The site spans an area of 12,789 square metres (sq m) with a gross floor area of 35,809 sq m. The 99-year leasehold site can yield about 445 residential units, with a maximum building height of 36 storeys. It is located within a well-established residential...

Residential site off Upper Serangoon Rd on sale for some S$13.5m

A residential development site situated off Upper Serangoon Road has been put up for sale via public tender at an indicative price of S$13.5 million. This works out to S$850 per square foot (psf) on a land area of around 15,871 square feet (sq ft), exclusive marketing agent CBRE said on Tuesday. The site is zoned for residential use with a plot ratio of 1.4, based on the Urban Redevelopment...

Residential site at Jalan Bunga Rampai up for sale by public tender

A residential site at Jalan Bunga Rampai off Bartley Road has been launched for sale by public tender under the confirmed list of the second half of the 2019 Government Land Sales (GLS) Programme, the Urban Redevelopment Authority announced on Thursday. The development with a 99-year lease occupies a site area of 4,666.6 square metres (sq m), and a maximum gross floor area of 9,800 sq m. Tricia...

JTC launches Tampines site for tender; Tuas site up for application

JTC on Tuesday launched two sites - one at Tampines for tender, and another at Tuas for application - under the second half of the 2019 Industrial Government Land Sales (IGLS) programme. The launch is part of the government's efforts to offer more choices for industrial development, JTC said. Both sites have a lease tenure of 20 years, and have been zoned "B2" for heavier industrial use. The...

Singapore’s first dementia care village to be built near Sembawang Park

A 30-year leasehold site near Sembawang Park has been put up for tender to pilot a new residential care community concept for persons with dementia. The site at Gibraltar Crescent will be specially designed to provide a safe, home-like environment where residents are assisted to live independently, the Urban Redevelopment Authority (URA) and Ministry of Health (MOH) said in a joint press release on...

UOL-UIC tie-up places top bid for Clementi Ave 1 site

A state tender for a 99-year leasehold private housing site along Clementi Avenue 1 has attracted five bids. Units of UOL Group and United Industrial Corporation (UIC) teamed up to place the top bid of S$491.3 million, which works out to S$788.31 per square foot per plot ratio (psf ppr). The second-highest bid came from MCL Land's Vesta SG Residences - it bid slightly more than S$471 million or...

URA releases one-north Gateway site for tender; Hillview Rise and Dunman Road sites up for application

The Urban Redevelopment Authority (URA) on Thursday said it has released three sites for sale, under the first half of the 2019 Government Land Sales Programme. All three sites have a lease tenure of 99 years. The site at one-north Gateway is launched for sale under the confirmed list as part of JTC's efforts to inject more residential spaces in the one-north estate in a bid to meet housing needs,...

Government reduces supply of land for private housing as demand continues to slow

The Government has decided to reduce the supply of private residential units for the second half of 2019, as demand continues to fall, the Ministry of National Development (MND) announced on Thursday (Jun 6). Thirteen land sites, comprising five confirmed sites and eight reserved sites, were released for sale on Thursday under the Government Land Sales (GLS) programme for the second half of 2019. The...

Freehold Upper Changi Road site up for sale at S$16m guide price

A freehold landed residential redevelopment site along Upper Changi Road has been put up for sale by expression of interest (EOI), with an indicative guide price of S$16 million. This works out to a land rate of S$1,051 per square foot (psf), said the property's marketing agent Knight Frank Singapore on Wednesday. The site comprises four freehold, single-storey houses, located at 537 Upper Changi Road,...

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