The Housing & Development Board (HDB) said it would release on Wednesday two Executive Condominium (EC) sites for sale under the confirmed list of the second half of 2010 Government Land Sales Programme. Potentially yielding more than 1,000 dwelling units, these two EC sites will offer property buyers more housing choices. The first new EC site is located in Tampines Town near many facilities and...
Land Sales
The Urban Redevelopment Authority (URA) yesterday announced the sales conditions for an industrial site in Woodlands, the first of four such sites to be released under the Reserve List of the 2nd half 2010 Industrial Government Land Sale Programme. The 60-year leasehold land parcel at Woodlands Avenue 12 has an area of about 2.1 hectares and a maximum gross plot ratio of 2.5. Zoned for Business 1...
The Housing and Development Board (HDB) has closed the tender for a residential site at Pasir Ris Drive 3 and Drive 4 after receiving four bids. The highest bid came from joint bidders FCL Topaz and F.E. Lakeside which bid S$151 million. That translates to about S$335 per square foot per plot ratio. Li Hiaw Ho, executive director of CBRE Research, said the quantum of the bids indicates that the...
The Housing and Development Board (HDB) has closed the tender for a residential site at Punggol Drive/Punggol East after receiving four bids. The highest bid of S$136 million for the site came from Qingdao Construction. That translates to about S$237 per square foot per plot ratio. The next highest of S$133 million came from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. Li Hiaw...
The Housing & Development Board (HDB) will release two residential sites at Woodlands and Serangoon on Wednesday. The two sites at Woodlands Avenue 1/Woodgrove Avenue and Upper Serangoon Avenue can potentially yield about 805 dwelling units. HDB said the two sites will offer home buyers with more housing choices. The Woodlands site, which is near the Woodlands MRT and regional bus interchange, has...
The Housing and Development Board (HDB) has closed the tender for a residential site at Hougang Avenue 7 after receiving 6 bids. The highest bid of S$160 million came from Sim Lian Land. That translates to about S$340 per square foot per plot ratio. The next highest bid was S$156 million from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. Li Hiaw Ho, Executive Director of CBRE...
The Urban Redevelopment Authority has awarded the tender for the industrial site at Kaki Bukit Avenue 4 to Wee Hur Development. The company submitted the highest bid of S$76.8 million for the site. The plot has a site area of more than 30,000 square metres, and a maximum gross plot ratio of 2.5. The tender for the industrial site was launched on July 19 and closed on September 14. The land parcel was...
The Urban Redevelopment Authority (URA) has released more land for sale on Thursday, September 16. It is releasing 14 land parcels at Sembawang Greenvale for sale under the Confirmed List. Located along Sembawang Road, Sembawang Greenvale is situated next to the established landed housing estates at Straits Garden and Sembawang Straits Estate. URA said the land parcels, located near Sembawang Park and...
Top bid of $95.07 per square foot per plot ratio comes from Wee Hur Development A TENDER for a 60-year leasehold industrial site at Kaki Bukit Avenue 4 has attracted a top bid of $95.07 per square foot per plot ratio (psf ppr) from Wee Hur Development. Its bid was 17.8 per cent above the next highest offer of $80.69 psf ppr by Winland Pte Ltd, whose directors include Ng Teng Yeng, brother of the late...
The Housing and Development Board (HDB) has launched a land parcel located at Bedok Reservoir Crescent for sale by public tender under the Design, Build and Sell Scheme. The tender will close at noon on November 2. HDB said the new DBSS site is located in Bedok Town, a choice residential town surrounded by excellent amenities such as the town centre, neighbourhood centres, schools, Bedok Reservoir,...