SINGAPORE - Potential home buyers will have more choices to choose from with the release of five residential sites by the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA).
HDB and URA will release two Executive Condominium (EC) sites and three residential sites for sale in October 2012 to provide developers and home-buyers with more choices for private housing. These sites will yield about 2,880 residential units.
The residential site at Bishan Street 14 and the EC site at Punggol Field Walk/ Punggol East will be launched for tender today by HDB under the 2H2012 Confirmed List. The EC site at Sembawang Crescent/ Sembawang Drive will be launched for tender under the Confirmed List on October 30.
In addition, URA will be releasing the two residential sites at Tampines Avenue 10 (Parcel C & Parcel D) via the Reserve List system today.
The land parcel at Bishan Street 14 is situated just beside condominium Sky Habitat. It is zoned for residential development and has a site area of 11,227.8 sq m with a maximum allowable gross foot area of 55,016.22 sq m. It is expected to yield 645 apartments.
It is located within walking distance of the Bishan MRT Station and Bishan Bus Interchange, with amenities such as Junction 8, Thomson Plaza, Bishan North Shopping Mall as well as Bishan Park, Bishan Library, Bishan Swimming Complex nearby.
It is also near Kuo Chuan Presbyterian Primary and Secondary Schools, Catholic High School, Ai Tong School and Raffles Institution.
The land parcel at Punggol Field Walk/ Punggol East is zoned for executive condominium housing and has a site area of 14,307 sq m. It has a maximum allowable gross foot area of 42,912 sq m. It is expected to yield 435 dwelling units.
This residential site is located in Punggol Town and has various amenities nearby, such as Punggol Plaza, Punggol MRT Station and Waterway Point.