The Urban Redevelopment Authority (URA) closed the tender for the residential site at Buangkok Drive / Sengkang Central today. The site at Buangkok Drive / Sengkang Central was launched for sale by public tender on 16 April 2012. The site was offered for sale on a 99-year lease. The land spans about 18,340 square metres with a maximum gross floor area of 55,023 square metres. White Haven Properties, a...
Land Sales
The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Pasir Ris Drive 3 to Capital Development Pte. Ltd. The company submitted the highest bid at S$211.0 million in the tender for the site. The tender attracted a total of five bids. The residential site was launched for sale by public tender on 16 April 2012 and closed on 5 June 2012. The land parcel was offered...
The Ministry of Trade and Industry (MTI) today launched its Industrial Government Land Sales (IGLS) Programme for the second half of 2012. To continue to meet potential demand for industrial land, there are 16 sites in the Confirmed List and 3 sites in the Reserve List, with a total site area of 23.72 ha. The proposed land quantum for the second half of 2012 is comparable to that of the first half of...
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Pasir Ris Drive 3 today. The site at Pasir Ris Drive 3 was launched for sale by public tender on 16 April 2012. The site was offered for sale on a 99-year lease. The site area is of 22,317 m2 and the maximum permissible GFA is of 46,867 m2. A total of 5 bids were presented. The highest tenderer is Capital Development...
Five bids were received by the Housing and Development Board (HDB) in the tender for a land parcel at Sengkang Square/Compassvale Drive launched on 16 April. The 99-year lease site has an area of approximately 22,498 square metres or a maximum gross floor area of over 67,000 square metres. It is planned for a private housing development. The top bid came from EL Development for S$383 million or S$528...
The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Boon Lay Way (Jurong Gateway) to MCL Land Limited. MCL Land Limited submitted the highest bid in the tender for the site at S$369.388 million (S$7,589.64 per square meter of GFA). The next highest was by EL Development Pte Ltd at $369.1 million. The 11,588 m2 site was offered for sale on a 99-year lease. The...
Following the announcement that construction works on Bidadari new town will begin by year-end, developers are eyeing new opportunities at other prime residential sites in strategic locations. According to analysts, thousands of homes are in the pipeline over the next few years, as prime sites not far from the city will be launched, including the Dempsey area and former Bukit Timah Turf Club, as well as...
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Boon Lay Way (Jurong Gateway) today after receiving 12 tenders for the land. The site at Boon Lay Way (Jurong Gateway) was launched for sale by public tender on 30 April 2012. It was originally on the Reserve List of the Government Land Sales Programme. URA had, on 16 April 2012, accepted a successful application for the...
The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the hotel site at Jurong Town Hall Road today. This is the first hotel site to be made available for sale in the Jurong Lake District. The land parcel at Jurong Town Hall Road is made available for application under the Reserve List of the 1st half 2012 Government Land Sales (GLS) Programme. This first hotel site is...
The Urban Redevelopment Authority (URA) has launched the residential site at Farrer Drive for sale by public tender today. The land parcel was made available for sale through the Reserve List system on 16 April 2012. On 11 May 2012, URA announced that it had received an application from a developer to put up the land parcel for tender. The developer has committed to bid at a price of not less than...