MCC Land has won the tender to develop an executive condominium project at Yishun Avenue 7 and Canberra Drive. The Housing and Development Board said the tender was awarded at nearly S$214 million. The site on a 99-year lease can yield 725 units. Source : Channel NewsAsia - 31 Oct...
Yishun
The tender for a land parcel at Yishun Avenue 7/Canberra Drive closed on Tuesday with a total of eight bids. The 99-year lease property received a top bid of S$213 million from MCC Land, according to a release by the Housing and Development Board (HDB). The second highest bid of S$197.5 million came from Sunmaster Holdings, while the S$190 million joint bid from Russville Pte Ltd and Low Keng Huat...
Yishun estate has welcomed four new housing projects in the last three months. Yishun Greenwalk, one of two Build-to-Order HDB projects, has attracted more than 1,000 applicants in two days. It offers more than 1,100 flats for first-time households. The HDB is also rolling out the Adora Green under the Design, Build and Sell Scheme. Executive condominium, The Canopy, is also adding to the buzz in...
About S$9.5 million will be spent to rejuvenate Yishun Central's landscape. It is a joint effort involving government agencies and Khoo Teck Puat Hospital to remake the heartland into a vibrant place for residents. A groundbreaking ceremony was held on Thursday to mark the start of landscape transformation in Yishun. The Yishun Pond is set to undergo a facelift to become part of a waterfront park for...
The Housing and Development Board (HDB) received just two bids for a residential site at Yishun Ave 2 and Yishun Ave 7. The higher offer of S$229.4 million came from a joint bid by two companies - Nam Hee Contractor and FCL Topaz. That translates to about S$311 per square foot per plot ratio. The second bid came from a firm, Perfect Eagle, which offered S$196 million. The land parcel has a site area of...
SOILBUILD Group Holdings submitted the highest bid for an industrial site at Yishun Avenue 6 in a government tender, the Urban Redevelopment Authority (URA) said yesterday. There were five bids for the 1.43 hectare plot, which was offered for sale on a 60-year lease. Soilbuild's $29.29 million bid, which works out to $76 per square foot per plot ratio (psf ppr), was 4 per cent higher than the second...
DEVELOPERS have bid aggressively for a 60-year leasehold industrial site at Yishun Avenue 6 (Parcel 1). Seven parties had expressed interest by the time the tender closed yesterday. OKH Management put in a top bid of $27.2 million, or $71 per square foot per plot ratio (psf ppr). The is 2.4 times the trigger price of $11.5 million, or $30 psf ppr, that an unnamed developer had committed to pay in...
Developer OKH Management has placed the top bid of S$27.2 million for the industrial site at Yishun Avenue 6. This is slightly more than double the minimum bid of S$11.5 million committed by an unnamed developed on March 8 this year. The top bid of S$27.2 million translates to about S$71 per square foot per plot ratio. The breakeven cost for this development is estimated to be between S$250 per square...
THE Singapore Land Authority (SLA) yesterday launched an invitation to tender for four sites at Lorong Chencharu, intended for use as aquarium fish export centres. The sites total 17,189 sq m, equivalent to slightly more than two football fields. They are part of a larger area of state land earmarked for agricultural purposes. Each site is offered on a 10-year lease, with an option to renew for a further...
The Singapore Land Authority (SLA) has launched a tender for four sites at Lorong Chencharu in Yishun, for use as aquarium fish export centres. The four sites have a total land area of 17,189 square metres, which is equivalent to slightly more than two football fields in size. SLA said each site is offered on a 10-year lease, with an option to renew for a further 10 years. These four sites form part of...