The Serangoon Avenue 3 area came into focus last month when Hong Leong Holdings won a land parcel there in a government tender with a bid of $221 million, which works out to $529 psf per plot ratio. Property consultants expect the breakeven price for the future condominium project to be between $900 and $950 psf. Hong Leong says it intends to develop the site into a 400- unit condo, which is targeted for...
Serangoon Ave 3
Hong Leong Holdings said it plans to build a unique residential development on a land parcel at Serangoon Avenue 3. The developer said the project will be cutting edge in both design and concept. It will feature over 400 units, which will be sized according to the needs of customers within the area. The 99-year leasehold site has a permissible gross floor area of about 418,000 square feet. The company...
The Urban Redevelopment Authority (URA) received 15 bids at the close of the tender for the residential site at Serangoon Avenue 3 on Wednesday. The site, which was originally on the Reserve List of the Government Land Sales Programme, was launched for public tender on September 9. The 99-year leasehold site has an area of about 13,877 square metres and a maximum permissible gross floor area of 38,857...
A developer has committed to bidding at least S$83.7 million for a residential site at Serangoon Avenue 3. The 1.39-hectare land parcel is located near Lorong Chuan MRT station and Nanyang Junior College. The 99-year leasehold site has a maximum permissible gross floor area of close to 39,000 square metres. The Urban Redevelopment Authority will launch the tender for the site in about two weeks under...
The Urban Redevelopment Authority (URA) is calling for tenders for its reserve list site at Serangoon Avenue 3. The 1.3 hectare site has been earmarked for residential development and is in a private residential estate next to the future Lorong Chuan Mass Rapid Transit station. The 99-year leasehold land parcel can generate a maximum permissible gross floor area of about 418,253 square feet. A site on...