Land Sales

Canberra Link EC site up for tender; Bernam Street site to launch later in May

HDB has put an executive condominium (EC) site at Canberra Link in Sembawang up for sale by public tender, it announced said on Thursday. The 99-year leasehold site is the only EC parcel of five confirmed list sites under the first half-2019 government land sales (GLS) programme. On the first half-2019 reserve list, there is one EC site at Fernvale Lane that can yield 525 units. Reserve list sites are...

Wing Tai wins tender for Middle Rd site, to develop residence with commercial uses

Wing Tai Holdings' Wingcharm Investment Pte Ltd won a state tender for a 99-year leasehold site in Middle Road for private residential with commercial at first storey use, beating out nine others with its nearly S$492 million bid. Spanning about 80,300 sq ft, the Middle Road plot can yield an estimated 375 homes. The site will be developed into two 20-storey residential towers and one block of low...

URA tenders Tan Quee Lan Street site; postpones one-north Gateway site launch to June

Urban Redevelopment Authority (URA) has launched the tender of a site on Tan Quee Lan Street under the Confirmed List of the first half 2019 Government Land Sales (GLS) programme. The 99-year leasehold site sits on a site area of 11,530.9 square metres and has a maximum gross floor area of 48,430 sq m. It can potentially yield up to 580 residential units. The site has a maximum building height of 30...

Different tales for two cities in latest URA tender

The latest state land tender closing has yielded a mixed bag of results for the two 99-year leasehold sites offered. A land parcel along Middle Road in the buzzing Bugis locale, which is slated for residential with commercial at first storey use, drew 10 bids, with Wing Tai's highest bid of nearly S$492 million or S$1,458.33 per square foot per plot ratio (psf ppr) within expectation. Over in the Sims...

Kuok Group plans mall and 480 apartments on Pasir Ris site

Allgreen Properties and Kerry Properties tie-up that clinched the 99-year leasehold white site next to Pasir Ris MRT station is planning to develop about 480 apartments above three levels of retail space. Its winning bid of nearly S$700 million works out to S$684.48 per square foot per plot ratio (psf ppr), based on a total gross floor area of 1.02 million sq ft. The commercial and residential...

URA launches tender for Clementi Avenue 1 residential site

URA has launched a public tender for a 99-year residential site at Clementi Avenue 1, under the Confirmed List of the first half 2019 Government Land Sales (H1 2019 GLS) Programme. The site has a permissible gross floor area (GFA) of 57,900 square metres (sq m) on 16,542.7 sq m of land, which works out to a gross plot ratio of about 3.5 times. The maximum building height is 140m, and the project...

Club Street Hotel site draws top bid of S$2,148.50 psf ppr

State tenders for three sites closed on Tuesday, Jan 15, 2019. Based on provisional results released, a premium hotel site along Club Street in the Central Business District drew eight bids. The highest bid, from Midtown Development (which is part of the Worldwide Hotels Group that also includes Hotel 81), was S$562.2 million, which works out to S$2,148.50 per square foot per plot ratio (psf ppr). A...

3 bids submitted for Pasir Ris Central white site

A 3.8 hectare white site at Pasir Ris Central saw three bids from developers at the close of the tender on Friday. Among the bidders was Far East Organization, while Singapore Press Holdings and Kajima Development submitted a joint bid. The third bid was from Phoenix Residential and Phoenix Commercial; both companies are owned by Allgreen Properties and Kerry Properties, which are in turn linked to...

Government Land Sales programme releases white site in Woodlands Regional Centre

A 2.75 hectare white site in Woodlands Regional Centre has been released for sale by the Urban Redevelopment Authority (URA) under the reserve list of the second half 2018 Government Land Sales programme. The mixed-use site has a maximum permissible gross floor area (GFA) of 115,747 square metres (sq m), with at least 45,000 sq m of this to be set aside for office use. The remaining GFA can be for...

Release of first half 2019 Government Land Sales (GLS) programme

The Government today announced the first half 2019 (1H2019) Government Land Sales (GLS) Programme, which comprises five Confirmed List sites and nine Reserve List sites. These sites can yield about 6,475 private residential units, 86,000 sqm gross floor area (GFA) of commercial space and 1,115 hotel rooms (see Appendices 1 & 2). The five Confirmed List sites are private residential sites which can...

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