The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two residential sites and one White site for sale today under the 2nd half 2018 Government Land Sales (GLS) Programme.
The URA site at Kampong Java Road and the HDB Executive Condominium site at Tampines Avenue 10 are launched for sale under the Confirmed List while the URA White site at Marina View is available for application under the Reserve List. Together, these three sites can yield about 2,000 residential units.
In addition to residential use, the White site at Marina View is envisaged to be a mixed-use development with about 540 hotel rooms, complemented by supporting retail and food and beverage uses.
A “white” site is a land parcel where a range of uses are allowed, although the government is likely to stipulate a minimum component of a specific use or specific uses to meet its planning intentions.
“Its close proximity to prestigious developments such as Asia Square and Marina One makes it an attractive location for a distinctive mixed use development,” URA said on its website. “The future development will also offer city living opportunities and enhance the vibrancy in the area.”
Marina Bay and Downtown MRT stations as well as the upcoming Shenton Way Thomson-East Coast Line MRT station are close by.
The tender for the two land parcels at Kampong Java Road and Tampines Avenue 10 will close at 12 noon on 15 January 2019 at URA and HDB respectively.
More details on the land parcels are available on the respective URA and HDB websites.