SINGAPORE - The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) are releasing five residential sites for sale.
These sites will yield about 2,100 units, with four of the sites available for private housing developments.
The site at Pheng Geck Avenue is launched for sale by public tender under the Confirmed List today. The other sites at Tai Thong Crescent, Kim Tian Road, Prince Charles Crescent and Sengkang West Way are available for application on the Reserve List today.
The land parcels at Pheng Geck Avenue and Tai Thong Crescent are located near Potong Pasir MRT station. The site at Pheng Geck Avenue has an area of 0.49ha for residential use. It can potentially yield 200 units. The Tai Thong Crescent site is zoned for residential with commercial use at 1st storey. The 0.82-ha land parcel can potentially yield 267 housing units.
The land parcels at Kim Tian Road and Prince Charles Crescent are located in the central-west region, a short drive away from the Central Business District, Marina Bay and Orchard Road.
The Kim Tian Road site is located near Tiong Bahru MRT station and has an estimate yield of 490 housing units. The land parcel is zoned for residential use and is about 1ha.
The Prince Charles Crescent site is the largest of the five at about 2.38ha and can yield about 590 units. The land parcel is zoned for residential use and is located near Redhill MRT station.
The 1.64-ha land parcel at Sengkang West Way is a short drive away from Sengkang MRT station. It is zoned for residential use with an estimated yield of 535 units.
The sites are all under a 99-year lease period.
The tender for the site at Pheng Geck Avenue will close at 12 noon on June 28.
Selection of the successful tenderer will be based on the tendered land price only.
Those who wish to find out more can visit the respective URA and HDB websites at:
- Pheng Geck Avenue http://www.ura.gov.sg/sales/PhengGeckAve-B/CL/PhengGeckAve-B-intro(CL).html
- Tai Thong Crescent http://www.ura.gov.sg/sales/TThngCrest/MA/TThngCrest-intro(MA).html
- Kim Tian Road http://www.ura.gov.sg/sales/KimTianRd/MA/KT-intro(MA).html
- Prince Charles Crescent http://www.ura.gov.sg/sales/PrinceCharlesCr/MA/PCC-intro(MA).html
- Sengkang West Way http://www.hdb.gov.sg/fi10/fi10330p.nsf/w/LandDevMangSengkangWestWay?OpenDocument