URA puts up 3 residential sites for sale

The Urban Redevelopment Authority (URA) has released three residential sites for sale on Tuesday.

The two land parcels at Flora Drive and Woodlands Avenue 2 are launched for sale under the Confirmed List of the 1st half 2011 Government Land Sales Programme.

Potentially yielding about 380 housing units, the site at Flora Drive is located in a residential estate in Pasir Ris.

With a site area of about 2.68 hectares, it has a maximum permissible gross floor area of over 37 thousand and 5 hundred (eds: 37,545) square metres.

The second site is located at Woodlands Avenue 2 and Rosewood Drive.

The land parcel can potentially yield about 390 housing units.

The site, with an area of about 2.74 hectares, is near the Republic Polytechnic and Singapore American School.

It has a maximum permissible gross floor area of over 38 thousand (eds: 38,333) square metres.

In addition, the third site at Hillview Avenue is placed under the Reserve List for application for sale.

Potentially yielding about 405 housing units, it has a site area of about 1.26 hectares and a maximum permissible gross floor area of 35,416 square metres.

It’s located near the future Cashew and Hillview MRT Stations, which are part of the future Downtown Line 2 Mass Rapid Transit system scheduled for completion in 2015.

Earlier this month, the Housing & Development Board has also released a private residential site at Sengkang Square and Compassvale Drive for sale through the Reserve List.

Together, these four residential sites can potentially yield about 1,885 housing units, offering developers and home-buyers with more choice.

Source : Channel NewsAsia – 26 Apr 2011

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