SINGAPORE - The Urban Redevelopment Authority (URA) today launched the residential site at Farrer Road and another residential with first storey commercial site at Tai Thong Crescent (Parcel C) for sale by public tender.

The sites were made available for sale through the Reserve List system on Apr 30 and May 15 respectively.

On July 11, URA announced that it had received an application from a developer to put up the land parcel at Tai Thong Crescent (Parcel C) for public tender at a bid price of not less than $154,474,200.

With a land area of about 0.82 ha, the residential with first storey commercial site is expected to generate a gross floor area of about 28,702 sq m.

The land parcel is located near Potong Pasir MRT Station and is connected to major arterial roads and expressways such as Upper Serangoon Road, Pan-Island Expressway (PIE), Central Expressway (CTE) and Kallang Paya-Lebar Expressway (KPE).

On July 18, URA announced that it had received an application from a developer to put up the land parcel at Farrer Road for public tender at a bid price of not less than $28,888,000.

With a land area of about 0.27 ha, the residential site is expected to generate a gross floor area of about 3,839 sq m.

The land parcel is located near Botanic Gardens MRT Station and is connected to major arterial roads and expressways such as Bukit Timah Road, Dunearn Road, Farrer Road and Pan-Island Expressway (PIE).

dassa@sph.com.sg