Singapore to sell 4 residential sites in Nov

Singapore to sell 4 residential sites in Nov
PHOTO: Singapore to sell 4 residential sites in Nov

SINGAPORE - Four residential sites, which can yield about 2,350 homes, will be put up for sale by the government in November.


Get the full story from The Business Times.

Here is the press release from the Housing Board (HDB) and Urban Redevelopment Authority (URA): 

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To provide developers and home-buyers with more choices for private housing, the Housing & Development Board (HDB) and the Urban Redevelopment Authority (URA) will be releasing four residential sites for sale in November 2013 under the Government Land Sales (GLS) Programme for the second half of 2013 (2H2013).

The residential site at Upper Paya Lebar Road and two Executive Condominium sites at Canberra Drive and Anchorvale Crescent are launched for sale today under the Confirmed List. The Executive Condominium site at Choa Chu Kang Drive is made available for application today on the Reserve List.

Together, these four sites can yield about 2,350 residential units.

The closing dates for the tender for the land parcels are as follows:

Upper Paya Lebar Road : January 14, 2014

Canberra Drive : January 28, 2014

Anchorvale Crescent : February  13, 2014

More details on the land parcels are available on the respective HDB and URA websites.

Developer's packets containing details and conditions of tender of the land parcels are available at the URA and HDB land sales offices.

More about the residential site at Upper Payar Lebar Road:

The land parcel is located within an established residential estate and near the Bartley Mass Rapid Transit (MRT) station. Future residents will enjoy convenient access to all parts of Singapore via the MRT system and major expressways such as the Central Expressway and Pan Island Expressway.

Retail and dining

A wide range of shopping and dining facilities are available at the nearby Serangoon Town Centre. Heartland Mall and the NEX Shopping Mall which are located just 10 minutes' drive away.

Schools

Reputable schools such as Maris Stella Primary and High Schools as well as Paya Lebar Methodist Girls' Primary and Secondary Schools are also nearby.

  • Location - Upper Paya Lebar Road
  • Site Area - 20,077.6 m2
  • Lease Period - 99 years
  • Allowable Development - Residential
  • Permissible Gross Floor Area (GFA) - 56,218 m2
  • Maximum Building Height - 64 m AMSL
  • Project Completion Period - 60 months

More about the residential site at Canberra Drive:

Nestled in cosy Sembawang New Town at the north-east of Singapore, the proposed site is located within an established residential area, surrounded by lush greenery.

Islandwide accessibility

With major arterial roads such as Canberra Link, Sembawang Road and Sembawang Avenue serving the proposed site, accessibility islandwide is never an issue.Public transportation by road or rail is easy and convenient with the Sembawang MRT Station/bus interchange located nearby.

  • Location: Canberra Drive
  • Proposed Development: Executive Condominium
  • Site Area: 28,562.5 sqm
  • Permissible Gross Floor Area [Gross Plot Ratio]: Maximum 59,981.25 sqm, Minimum 53,983.13 sqm
  • Project Completion Period: 48 months from the date of acceptance of tender
  • Lease Term: 99 years

More about the residential site at Anchorvale Crescent:

The proposed development site sits at the junction of Anchorvale Street and Sengkang East Road.

Convenient transport

Located right in front of this site is the Cheng Lim LRT station. With its central node at Sengkang Town Centre, the LRT system facilitates easy orientation around Sengkang.

  • Location: Anchorvale Crescent
  • Proposed Development: Executive Condominium
  • Site Area: 16,280 sqm
  • Permissible Gross Floor Area [Gross Plot Ratio]: Maximum - 48,840 sqm, Minimum 43,956 sqm
  • Project Completion Period: 48 months from the date of acceptance of tender
  • Lease Term: 99 years

More about the residential site at Choa Chu Kang Drive:

This land parcel is a stone's throw away from myriad amenities and facilities such as the Lot 1 Shopping Centre.

Easy transport

The Choa Chu Kang MRT/LRT Station and bus interchange provide an efficient public transport network for travel within the estate and to other parts of Singapore.

Close proximity to schools

Choa Chu Kang is home to many established and quality schools. Schools nearby include South View Primary, Teck Whye Primary, Choa Chu Kang Primary, Teck Whye Secondary, Choa Chu Kang Secondary, Bukit Panjang Government High, Pioneer Junior College and ITE college West.

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