Thursday, March 15, 2012

HDB, URA to release 4 residential sites for sale this month

SINGAPORE: Four residential sites which could yield a total of 2,415 housing units will be released this month.


In a statement, the Housing and Development Board (HDB) said it will be launching two Executive Condominium (EC) sites for sale on Thursday.


The land parcels are located at Woodlands Avenue 5 and Tampines Central 7. Together, they can offer about 1,300 housing units.


In addition, HDB said the Urban Redevelopment Authority will be releasing two other residential sites at Tampines Avenue 10 for sale on March 28.


One of them will be released for sale via the Confirmed List, while the other will be made available for application for sale on the Reserve List under the Government Land Sales programme (GLS).


These two private residential sites can potentially yield another 1,115 housing units.


All in, the four sites are expected to yield 2,415 units as part of the total 14,100 residential units to be released under the GLS for the first half of 2012.


- CNA/al


View the original article here


Source From Channel News Asia

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