The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing five residential sites for sale this month under the Government Land Sales Programme for the first half of 2013. The government said this is to provide developers and home buyers with more choices for private housing. The five sites are located at Tampines Avenue 10, Toa Payoh Lorong 6, Prince Charles...
Land Sales
An executive condominium (EC) site in Woodlands has attracted seven bids from developers, according to the Housing & Development Board (HDB). The 99-year leasehold site at Woodlands Avenue 5/Woodlands Avenue 6 fetched a top bid of S$216 million from Qingjian Realty (South Pacific) Group. That's about 9 percent above the second highest bid of S$198 million tabled by Bellevue Properties, a wholly-owned...
Keppel Land unit Harvestland Development has won the tender for a private residential site in Kim Tian Road with a top bid of S$550.3 million, Urban Redevelopment Authority data showed on Tuesday. Harvestland’s bid translates to S$1,162.86 per sq ft per plot ratio, the highest ever for a pure residential site, beating the previous record of S$1,107 psf ppr for a site at Farrer Road, said Mr Lee Sze...
The tender for a residential site at Sengkang West Way has attracted a total of eight bids. The highest bid of S$262.1 million was submitted by Secure Development, a unit of UOL Group, said the Housing and Development Board (HDB). This translates into about S$489 per square foot per plot ratio. The second highest bid was placed by developer Bayfront Land at S$253.6 million. HDB said the other...
JTC Corporation (JTC) has launched the sale of a plot of industrial land at Loyang Way by public tender on Thursday. JTC said the site has a land area of 20,633 square metres, and is zoned for Business-2 development. This means the plot can be used for industry and warehouse purposes. The land parcel has a tenure of 30 years and gross plot ratio of 2.5. Developers have up to 84 months to complete...
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing three residential sites for sale in March 2013 under the Government Land Sales Programme (GLS) for 1st half 2013 (1H2013). Together, these three sites can yield about 845 residential units. An executive condominium site at...
The land tender for a commercial site at Venture Avenue in Jurong East has attracted nine bids. According to the Urban Redevelopment Authority (URA), Sim Lian JV (Vision) placed the top bid at about S$701 million for the 99-year leasehold site. It is about nine per cent higher than the second highest bid of S$643 million from Victory One Pte Ltd. Sim Lian JV (Vision) is jointly incorporated by Sim Lian...
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) have launched two residential sites for sale by public tender today under the Confirmed List of the 1st half 2013 (1H2013) Government Land Sales (GLS) Programme. Together, these two sites at Kim Tian Road and Sengkang West Way (Parcel A) can yield...
The Urban Redevelopment Authority (URA) on Tuesday received nine bids at the close of the tender for a food and beverage site located at Punggol Point. Mainboard-listed property developer Fragrance Group submitted the highest bid of S$11.4 million, which translates to about S$3,790 per square metre of Gross Floor Area (GFA). This was 33 per cent higher than the second highest bid of S$8.6 million...
A total of three bids were received by the Housing and Development Board (HDB) at the close of tender for a land parcel at Commonwealth Avenue. The land parcel is nestled in the Queenstown HDB estate, just across the street from Queenstown MRT Station. The site, which has a gross floor area of over 12,000 square metres or a maximum gross floor area of over 59,000 square metres, is planned for a private...