Govt releases 3 residential sites today

Govt releases 3 residential sites today

The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) are releasing three residential sites for sale today under the Government Land Sales Programme (GLS) for 1st half 2013 (1H2013).

Together, these three sites can yield about 845 residential units.

These include an executive condominium site at Woodlands Avenue 5 and a residential site at Coronation Road that are launched for sale today under the Confirmed List. In addition, a residential site at Jalan Bunga Rampai is made available today for application on the Reserve List.

Situated within HDB Woodlands estate, the land parcel at Woodlands Avenue 5 can potentially yield about 590 executive condominium units.

Meanwhile, with a site area of about 3.8 ha, the Coronation Road land parcel can potentially yield about 140 landed housing units. The site is located in an established landed housing estate at Bukit Timah.

The Jalan Bunga Rampai land parcel is situated within an established residential estate at the city's fringe. It has a site area of about 0.5 ha and can potentially yield about 115 housing units.

Tender for the land parcels at Woodlands Avenue 5 and Coronation Road will close on May 9 and June 20 respectively. Selection of the successful tenderer will be based on the tendered land price only.

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