The Urban Redevelopment Authority (URA) has launched the first sale site from the upcoming Jurong Lake District. It launched the sale by public tender after a developer committed to bid at least S$350 million for the land parcel. The site located at Jurong Gateway Road was made available for sale via the government's reserve list system since November 2008. The 99-year-leasehold site has a maximum...
URA
The Urban Redevelopment Authority (URA) is launching a closely-watched commercial site at Stamford Road and North Bridge Road for sale by public tender. The URA is launching the sale after a developer committed to bid at least S$100 million dollars for the 99-year-leasehold site, which was placed on the Reserve List system. URA says the land parcel, which is 1.43 hectares in size, is slated for...
THE roll-out of land in response to high demand for homes has continued, with the Government launching public tenders for two more sites yesterday. Both residential development sites - in Hougang Avenue 2 and Upper Serangoon Road - are 99-year leasehold plots. The Upper Serangoon site, in Pheng Geck Avenue, is on the Government's confirmed list. These sites are scheduled for tender without developers...
Bids seen coming in at up to $560 psf ppr and $350 psf ppr respectively TWO more 99-year leasehold residential plots were launched for sale by the government yesterday - one at Upper Serangoon Road from the confirmed list and the other at Hougang Avenue 2 from the reserve list. The Hougang Avenue 2 site was triggered by a developer who agreed to bid at least $109.9 million for it, which works out to $241...
The Urban Redevelopment Authority (URA) will be organising two public forums next month to gather feedback for the upcoming Concept Plan 2011. URA earlier formed two focus groups to consider issues that will shape Singapore's environment in the years ahead. Over the past four months, the focus groups have met to discuss quality of life, ageing, sustainability and identity issues The groups will share...
The Urban Redevelopment Authority (URA) is organising two public forums next month to gather feedback on the recommendations of its Concept Plan 2011. The Concept Plan 2011 maps out the long term directions for Singapore's land use and transportation plans over the next 40 to 50 years. As part of the process, URA is organising the public forum to engage and involve Singaporeans on plans to shape the...
Unnamed developer commits to bid at least $350m for 1.9 ha parcel THE government will launch a 99-year leasehold mixed-use site at Jurong Lake District in two weeks - the first plot put up for sale there since the masterplan for the area was unveiled two years ago. The Urban Redevelopment Authority said yesterday that an unnamed developer has committed to bid at least $350 million for the 1.9 ha parcel,...
A MIXED development site next to Jurong East MRT station is set to be put up for sale and kick-start the transformation of the area into Jurong Lake District. The tender, which is expected in two weeks, has been triggered by an unnamed developer which has committed to a minimum bid of $350 million, the Urban Redevelopment Authority said yesterday. It marks the first big step in the morphing of the sleepy...
The first sale site at one of Singapore's new commercial hub, the Jurong Lake District, will be put up for tender in two weeks. According to the Urban Redevelopment Authority (URA), a developer has committed to bid S$350 million for the 1.9-hectare plot. The mixed-use site is located at Jurong Gateway Road, next to the Jurong East MRT station. It has a potential gross floor area of about 107,000 square...
A SITE in Hougang Avenue 2 has been triggered for tender after an unnamed developer committed to a minimum bid of $109.9 million. The 3.02ha plot is slated for development into apartment blocks of up to five storeys in height, or landed homes of up to three storeys, and is located adjacent to Hougang HDB town. Surrounded by mostly landed homes, it has a 99-year lease and a maximum gross floor area of...