Sengkang

Soft bids for Sengkang sites signal further weakening of private housing market

Two sites in Sengkang put up for sale under the Government Land Sales (GLS) programme have received lower-than-expected bids in yet another sign of a softening private residential market. The 178,723 sq ft Fernvale Road Parcel A received four bids, with CEL Development and Unique Residence jointly putting in the top bid of S$234.9 million, or around S$438.20 per square foot per plot ratio (psfppr),...

Consortium wins bid to develop land parcel at Fernvale Close

The consortium comprising FCL Topaz, Far East Orchard and Sekisui House has won the bid to develop a land parcel at Fernvale Close. It topped eight bids with a S$257-million offer. That is 2 percent more than the second-highest bid placed by MCC Land. HDB estimated some 495 units will be built. Analysts estimate the developers will price the suburban units at S$1,200 per square foot. The top...

CDL subsidiary is top bidder for Sengkang condo development

A subsidiary company of City Developments (CDL) is the top bidder for a site to develop an executive condominium (EC) at Sengkang West Way/Fernvale Link. The land parcel received a total of six bids at the close of tender on Thursday. Verspring Properties has put in the highest bid of S$135 million or S$296 per square foot per plot ratio (psf ppr). This is 0.1 per cent higher than the second highest...

Sengkang Square/Compassvale Drive site receives 5 bids

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. TheĀ 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...

Tender for commercial development at Fernvale Road

The Housing & Development Board (HDB) has launched the tender of a commercial site at Sengkang West Avenue/Fernvale Road. The land parcel has a site area of 8,790.3 sq m and has a maximum allowable gross floor area of 26,370.9 sq m. The 99-year lease site is linked to the Sengkang MRT/LRT Station and Sengkang Bus Interchange and is near the Fernvale LRT Station. HDB said the site is accessible by...

HDB, URA to release 4 residential sites in April

Another four residential sites, which can potentially yield about 1,885 housing units, will be released in April to provide developers and home-buyers with more choices. The Housing & Development Board (HDB) will release a residential site at Sengkang Square/Compassvale Drive for sale on Wednesday under the Reserve List of the Government Land Sales Programme for the first half of this year. It said...

Keppel Land wins Sengkang residential tender

Property developer Keppel Land has been awarded a residential site tender to build up to 630 dwelling units in Sengkang. These units range between 450 square feet and 2,200 square feet in one-to-four-bedroom configurations, as well as penthouses. Keppel Land had submitted the highest bid for the Condominium housing development at about S$286.8 million. The developer said in a statement today that the...

HDB receives 9 bids for Sengkang site

The Housing and Development Board (HDB) has received nine bids for a residential site at Sengkang Square/Compassvale Road at the close of tender on Tuesday. The highest bid came from Keppel Land Realty at S$286.8 million. This translates to about S$502 per square foot per plot ratio. The next highest bid of S$274.3 million was submitted by joint bidders Sunmaster Holdings, Garden Estates and TID...

New hospital in Sengkang by 2020

The new general hospital that has been planned in Sengkang to serve residents in northeastern Singapore will be ready by 2020 and will come with adjoining community hospital facilities. Health Minister Khaw Boon Wan gave details about the planned development during his ministry's Committee of Supply debate in Parliament on Friday. Mr Khaw also revealed that the upcoming Jurong General Hospital (JGH) will...

11 bids received for Executive Condominium site at Compassvale Bow

The Housing and Development Board (HDB) has received 11 bids for the sale of a site in Sengkang at Compassvale Bow. The 19,000 square metre site is designated for an executive condominium under the Design, Build and Sell Scheme (DBSS). The top bid came from Opal Star and Lum Chang Building Contractors who offered S$193 million for the site. That translates to about S$315 per square foot. Opal Star is a...

Compare listings

Compare