Tender for the plot on the reserve list of the H12010 GLS programme will be launched in 2 weeks THE Urban Redevelopment Authority (URA) has accepted an application from a developer to tender a residential site at Hougang Avenue 2. The 99-year-leasehold plot is on the reserve list of the first-half 2010 government land sales (GLS) programme. The tender will be launched in two weeks. URA said yesterday...
URA
The Urban Redevelopment Authority (URA) said it has accepted an application to put up a residential site at Hougang Avenue 2 for public tender. It said a developer has committed to bid at least S$109.9 million for the land parcel. The site is one of those on the Reserve List of the first half of this year's Government Land Sales Programme. It's located within an established private residential estate...
THE Urban Redevelopment Authority (URA) once presided over dreary carparks and was chastised by some for tearing down buildings at a clip in Singapore's rush to urbanise. Now, it sells urban concepts around the world. EARLY DEVELOPMENTAL CHALLENGE: Physically transform Singapore to support the nation's rapid economic rise and social changes, and optimise scarce land. THEN: The city had slums and...
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...
More land for industrial use is being made available to the market. The Urban Redevelopment Authority (URA) said on Tuesday that it has accepted an application from a developer to put up the industrial site at Yishun Avenue 6 for public tender. The land parcel was made available for sale through the Reserve List system in May 2007. Under the system, a site would be released for sale only if a bid with an...
The Urban Redevelopment Authority (URA) on Tuesday launched a transitional office site at Mohamed Sultan Road for sale by public tender. The 15-year-leasehold site has an area of about 0.62 hectares and a maximum permissible gross floor area of about 9,200 square metres. The minimum price for the site is S$9.33 million. Since October 2008, the land parcel was made available for sale through the Reserve...
The Urban Redevelopment Authority (URA) has launched a residential site at Tampines Avenue 1/Avenue 10 for sale by public tender. The land parcel is the fourth residential site to be launched for sale under the confirmed list of the Government Land Sales (GLS) Programme for the first half of this year. With a site area of about 3.2 hectares, the site will have a maximum permissible gross floor area of...
Property developer Kng Realty has submitted the highest bid of S$19.4 million for an industrial site at Pioneer Road North. The Urban Redevelopment Authority (URA) has closed the tender for the site after receiving eight bids in total. The next highest bid came from Sia Kong Wah & Gimp Investment at S$18 million. Kng Realty's bid translates to about S$48 per square foot. Li Hiaw Ho, executive...