The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the hotel site at Jalan Bukit Merah / Alexandra Road for sale via public tender. The land parcel was made available for sale through the Reserve List system on 16 August 2007. URA has received an application from a developer for the site to be put up for public tender. The developer has...
Land Sales
Strong sales at recent condominium launches have put developers in a bind. Within a week of launching, the Luxurie in Sengkang sold a quarter of its units, at an average selling price of S$1,100 per square foot, while the Meyerise at Meyer Road sold 35 per cent of its units, averaging 1,800 per square foot. While they need to bid for new land sites in order to replenish their land banks, the threat of an...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the office site at Mountbatten Road for public tender. The land parcel was made available for sale through the Reserve List system on 31 October 2008. URA has received an application from a developer for the site to be put up for public tender. The developer has committed to bid at a...
The Urban Redevelopment Authority (URA) has launched a residential site at Chestnut Avenue for sale by public tender today. The site area is about 1.87 ha, and the land parcel will have a maximum permissible gross floor area (GFA) of 39,271 sqm. The site, located in the western part of Singapore, is well connected to major arterial roads and expressways such as Bukit Timah Expressway (BKE), Pan Island...
The Urban Redevelopment Authority (URA) said it has closed the tender for an industrial site at Woodlands Avenue 12. The site was launched for public tender on August 15, 2011. It was originally on the Reserve List of the Government Industrial Land Sales Programme. URA had, on July 29, accepted a successful application for the sale of the site, offered on a 60-year lease. Four bids were received, the...
A residential land site for condominium development at Upper Serangoon Road received just three bids at the close of its tender on Wednesday. The top bid of S$270.3 million from Allgreen Properties is also below market expectations. The 265,013 square feet site has a maximum gross floor area of 927,545 square feet. Thus, the bid price by Allgreen works out to be a unit land price of S$291 per square...
The tender for a 99-year lease site at Punggol Field Walk attracted a top bid of S$169.56 million at the close of tender on Thursday. The 154,397-square feet site attracted a total of eight bids, with Capital Development/ZACD Investments submitting the highest bid. The other seven bids came from FCL Topaz, Far East Civil Engineering & Sekisui House, Leng Hoe Development, Allgreen Properties, EL...
JTC Corporation has launched a 2.83-hectare site at the junction of Kallang Avenue and Lavender Street for sale. The 60-year lease site has a maximum permissible gross plot ratio of 3.0. It is zoned for Business-1 White development. Tender closes on October 27. Source : Channel NewsAsia - 31 Aug...
The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Serangoon Garden Way to Sunmaster Holdings Pte. Ltd. and Garden Estates (Pte) Limited. The company submitted the highest bid in the tender for the site at $105,000,000 or $3,696.99psm. The land parcel was offered for sale on a 99-year...
The Housing and Development Board (HDB) and the Urban Redevelopment Authority (URA) yesterday launched four residential sites for sale by tender, adding almost 1,900 housing units to the increasing supply of homes. Bidding for the sites is expected to be cautious as the private property market has been showing signs of cooling in recent months and as the external economic environment becomes increasingly...