Bugis' rejuvenation will deepen with two rare residential Government Land Sales (GLS) sites there launched for sale on Friday, and analysts believe the area's potential will draw keen developer interest. The location of these two plots within the Central Area also makes them unencumbered from the recently revised development control guidelines, which pare down the maximum number of units allowable for...
Land Sales
Urban Redevelopment Authority (URA) released on Friday two residential sites and two other plots for mixed residential and commercial use which can yield a combined 1,915 private homes. The 99-year leasehold sites come under the government land sales (GLS) programme for the second half of 2018. They are all subject to the recently revised development control guidelines on maximum allowable dwelling...
Cooling measures or not, the Marina View white site made available for application under the Government Land Sales (GLS) reserve list will be keenly deliberated on by developers, thanks to its central location and its potential to yield several hundred hotel rooms amid the easing supply of future hotel rooms. The site could fetch top bids of between S$1,380 and S$1,650 per square foot per plot ratio...
The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two residential sites and one White site for sale today under the 2nd half 2018 Government Land Sales (GLS) Programme. The URA site at Kampong Java Road and the HDB Executive Condominium site at Tampines Avenue 10 are launched for sale under the Confirmed List while the URA White site at Marina View is available...
A Chinatown site slated for hotel use is up for grabs, with the Urban Redevelopment Authority (URA) launching the land parcel for sale by public tender from the government land sales (GLS) programme's confirmed list on Thursday. The 99-year leasehold, 5,121.4 square metre (55,130 square foot) site, at the junction of Cross Street and Club Street, has a maximum gross floor area of 24,310 sq m and could...
An executive condominium (EC) site along Anchorvale Crescent received seven bids at the close of the tender on Friday (Sep 14), with just S$899 separating the two highest offers. The top bid ofS$318,888,899 was submitted jointly byEvia Real Estate and Gamuda (Singapore), with the second highest offer of S$318,888,000 from CNQC Realty (Treasure) Investment. The 17,137-sq-m land parcel can yield a...
Bidding counts at two of three state tenders that closed on Tuesday were noticeably subdued, showing developers' sentiment following the latest property cooling measures. Just five bids competed for the plot on Dairy Farm Road and three bids were submitted at Jalan Jurong Kechil, far fewer than the record 24 bids submitted last year for a nearby Toh Tuck Road plot that has since been developed into...
The Housing & Development Board (HDB) has launched a White site at Pasir Ris Central for sale by public tender today under the Confirmed List of the 2nd Half 2018 Government Land Sales (GLS) Programme. The site is proposed for a mixed-use development which will comprise a commercial and residential development integrated with a bus interchange, a polyclinic and a town plaza. The site can potentially...
A CapitaLand and City Developments Ltd (CDL) tie-up has clinched a commercial and residential site in Sengkang Central. Their winning bid of S$777.78 million works out to S$923.59 per square foot per plot ratio (psf ppr) for the 99-year leasehold site next to Buangkok MRT Station. In a joint release on Thursday evening, CapitaLand and CDL said their joint venture will transform the 3.7-hectare site –...
An executive condominium site along Anchorvale Crescent was put up for sale by public tender on Friday (Aug 10), HDB said in a press release. The 17,137-sq-m land parcel can yield a maximum of 550 units. It was triggered for launch from the Reserve List of the Government Land Sales (GLS) Programme on Jul 25, after a developer committed to bid at least S$255 million. Land parcels on the Confirmed...