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...
Urban Redevelopment Authority
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...
The Urban Redevelopment Authority (URA) has released a site at Woodlands Avenue 12 for sale from the Reserve List. The plot of land, which is meant for industrial development, will have a site area of about 3.2 hectares. It can generate a maximum gross floor area of 32,279 square metres and has a 60-year-lease period. URA said the site can be developed for a variety of uses under "Business 1" zoning....
The Urban Redevelopment Authority (URA) has released detailed sales conditions for the Reserve List site at Bartley Road/Lorong How Sun. The plot of land, which is meant for residential development, will have a site area of about 2.21 hectares. It can generate a maximum gross floor area of 61,865 square metres and has a 99-year lease period. URA says the site is located within an established residential...
The Urban Redevelopment Authority (URA) has released for sale a site at Kaki Bukit Avenue 4 for industrial development. The land parcel has a site area of about three hectares and a gross plot ratio of 2.5. The site will have a lease period of 60 years. The site is being released under the government's Reserve List. Under the Reserve List system, a site would only be put up for tender if a developer's...
The Urban Redevelopment Authority (URA) has received a top bid of S$251 million for a residential site at Upper Thomson Road. The bid was submitted by Treasure Well Investments and works out to about S$5,741 per square metre. The URA said it received a total six bids with the lowest one at S$135 million. Among the bidders of the site were Frasers Centrepoint and Sim Lian Land. The Upper Thomson Road...
The Urban Redevelopment Authority (URA) will launch a tender for an industrial site at Pioneer Road North and Soon Lee Drive. The land parcel was previously placed under the reserve list system. It has an area of 1.9 hectares and a lease period of 30 years. Under the system, a site would be released for sale only if it receives a bid with a minimum price that is acceptable to the government. An unnamed...