The Urban Redevelopment Authority has awarded the tender for the commercial and residential site at Yio Chu Kang Road and Seletar Road to Far East Square. The company submitted the highest bid in the tender for the site at S$119 million. This translates to about S$376 per square foot. The tender for the commercial and residential site was launched on August 20, on a 99-year lease. Source : Channel...
Yio Chu Kang
Far East Organisation has submitted the highest bid of S$119 million for a commercial and residential site at the junction of Yio Chu Kang Road and Seletar Road. This is nearly 3 times the minimum bid price of S$40.5 million. Far East's bid translates to about $364 per square foot. Centurion RE submitted the second highest bid at S$88.19 million, followed by Frasers Centrepoint's offer of S$80.13...
The Urban Redevelopment Authority (URA) is launching a 2.1-hectare parcel of land at Yio Chu Kang/Seletar roads for public tender in about two weeks. The URA says this follows a commitment from a developer to bid at least S$40.5 million for the site. The land parcel is located within the residential area at Seletar Hills and near the future Seletar Aerospace Park. It will be available for development...
Capitol Centre at Stamford Road may be demolished to make way for a new hotel to meet demand for hotel rooms. The location is one of eight confirmed sites that have been released for sale, under the Government's Land Sales programme. The Ministry of National Development also announced on Thursday that it will release enough land to potentially build nearly 8,000 private residential units, in the second...