In another sign that the repeated rounds of cooling measures and loan curbs are taking their toll on the property market here, developers showed greater caution in their bids for a private residential site at Prince Charles Crescent in Redhill. The tender for the 268,713 sq ft site attracted seven bids at the close yesterday, with the highest offer by UOL Venture Investments and Kheng Leong Company at...
Prince Charles Crescent
The first land parcel in the Government Land Sales (GLS) programme for the first half of this year was released for sale by the Urban Redevelopment Authority (URA) yesterday, with analysts expecting keen interest for the attractively located site as developers look to build up their land banks. However, bids for the 99-year leasehold Prince Charles Crescent site are likely to fall well short of the...
The Urban Redevelopment Authority yesterday said it awarded the tenders for two 99-year leasehold housing sites at Dairy Farm Road and Prince Charles Crescent to the top bidders at S$244.3 million and S$516.3 million, respectively. The Dairy Farm site has an area of 188,861 sq ft and a maximum gross floor area of 396,618 sq ft that is expected to yield about 390 homes. The top bid from First Shine...
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Prince Charles Crescent today. A total of eight bids was received with the top bid coming in at about S$516.3 million or S$960 per square foot per plot ratio by Wingstar Investment, Metro Australia Holdings and Maxdin Pte Ltd.. Wingstar Investment is a wholly-owned subsidiary of Wing Tai Holdings and Maxdin is a...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the residential site at Prince Charles Crescent for sale by public tender. The land parcel was made available for sale through the Reserve List system on 15 May 2012. URA received an application from a developer for the site to be put up for public tender. The developer committed to bid...
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) are releasing five residential sites for sale in May 2012. Together, these sites will yield about 2,100 units as part of some 14,000 residential units to be released under the Government Land Sales (GLS) Programme for 1st half 2012 (1H2012). The...