Urban Redevelopment Authority (URA) closed the tender for the residential site at Upper Changi Road North and Flora Drive Tuesday. A total of six bids were submitted for the site and the top bid came from Tripartite Developers at S$148.3 million. This is a joint venture company formed by Hong Leong Holdings, City Developments and Trade and Industrial Development. Tripartite's bid is 81 per cent higher...
Upper Changi Road North
FAIRLY strong interest from developers is expected in a 99-year leasehold residential site at the corner of Upper Changi Road North and Flora Drive, which will be launched for sale in two weeks' time. It has been put to tender after an unnamed developer committed to bid at least $82 million, said the Urban Redevelopment Authority yesterday. The 3.1ha site, which is not near any MRT station, can be...
DEVELOPERS continue to hunger for land. The Urban Redevelopment Authority has announced that a private housing site at Upper Changi Road North/Flora Drive, next to Edelweiss Park Condominium, has been triggered for release from the government's reserve list. An unnamed developer has agreed to bid at least $82 million or $177.37 per square foot of potential gross floor area. The 99-year leasehold plot is...
Another Reserve List site has been triggered. The Urban Redevelopment Authority (URA) said it will launch for sale a residential site at the junction of Upper Changi Road North and Flora Drive in two weeks' time. It said a developer has committed to bid no less than S$82 million for the three-hectare site. The minimum price is acceptable to the government. URA said the land parcel can yield 390...
The Urban Redevelopment Authority has released detailed sales conditions for two reserve list sites at Clemenceau Avenue/Havelock Road and Upper Changi Road North/Flora Drive. The site at Clemenceau Avenue is slated for hotel development. The parcel is close to the popular entertainment districts of Clarke Quay, Boat Quay and Robertson Walk. It has an area of about 5,500 square metres and a permissible...