New Upper Changi Road residential site up for tender

SINGAPORE - The residential site at New Upper Changi Road along Bedok South Avenue 3 has been put up for sale by public tender, the Urban Redevelopment Authority (URA) announced today (Jan 7).

The land parcel was available for sale on the Reserve List and URA received an application from a developer for the site to be put up for public tender.

URA said that the developer committed to bid at a price of not less than $320,000,000 during the tender. The public tender will be launched in about two weeks, and the tender period for the land parcel will be up for about four to six weeks.

The land parcel has a site area of 24,394.0 sqm and the estimated completion period for the project is around 60 months.