THE Housing Board (HDB) is launching a housing site at Yishun for tender today which will add another 700 homes to the housing stock. The site, at the junction of Yishun Avenue 11 and Yishun Central, is being launched under the HDB's design, build and sell scheme (DBSS). This allows private developers to design, build and sell the homes directly to flat buyers. Such flats come with finishes similar to...
Yishun
THE Housing and Development Board (HDB) has launched a land parcel in Yishun for sale under its design, build and sell scheme (DBSS). Around 700 flats can be built on the site located at the junction of Yishun Avenue 11 and Yishun Central. Analysts estimate that the top bid could be in the region of $132-166 million, which translates to around $160-200 per square foot (psf) per plot ratio. They added that...
The Housing and Development Board (HDB) is launching another residential site for public tender under the Design, Build and Sell Scheme (DBSS). The latest project is located at Yishun Avenue 11 and Yishun Central. It is near a range of amenities such as educational institutions, a sports stadium and a swimming complex. Some 700 units are estimated to be on offer when the project is completed. Under the...
An industrial site in Yishun has been launched for sale by public tender. The Urban Redevelopment Authority (URA) said the land parcel has been made available for sale through the Reserve List system since 2007. Under the system, a site would be released for sale only if a bid with an acceptable minimum price is received. Last month, URA announced that it had received an application from a developer to...
A CHINESE firm new to Singapore's residential development scene has topped the bidding for an executive condominium (EC) site in Yishun. Beijing-headquartered MCC Land (Singapore), which lost out on last week's tender for an EC site in Sengkang, was the highest bidder for the 15,074 sq m Yishun plot. Its $127.8 million bid, or $281.31 per sq ft (psf) of gross floor area, easily beat earlier analysts'...
The executive condominium site at Yishun Avenue 11 has attracted 10 bids. MCC Land Singapore put in the top bid of $127.8m for the 99-year leasehold plot. This translates into S$281 per square foot per plot ratio. The second highest bid came from Qingjian Realty, at S$118.8m, followed by Maxdin Pte Ltd which placed a bid of S$117m. The remaining offers range between S$46.8m and S$116m. Real estate...
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...
Close to 500 applications have been received for the public flats to be built at Dew Spring@Yishun. The Housing and Development Board (HDB) launched the 864-unit project on Thursday. Four-room flats were the most popular among home buyers. There were 393 applications for 504 units, while three-room flats had 81 applications so far. One home buyer said: "The design of the flat is very much like that of...
Increased supply of flats in Yishun a response to demand, says HDB BUOYED by demand for its previous Build To Order flats (BTO), the Housing and Development Board (HDB) announced yesterday the launch of its latest BTO project - Dew Spring@Yishun. "The previous BTO launch in Yishun - Jade Spring Phase One and Two was five times subscribed, and therefore, we feel that there could be demand for flats in...
The Housing and Development Board (HDB) has launched a new Build-To-Order (BTO) project at Yishun. It has the highest proportion of smaller flat types among BTO projects. This is in line with HDB's plan to supply more smaller flats. The latest Build-To-Order project is Dew Spring@Yishun. 43 per cent of its 864 units are 2- and 3-room flats, the largest proportion in a BTO project so far. Tan Poh Hong,...