Monday, April 16, 2012

Government to release six residential sites estimated to yield 2,380 housing units in April 2012

16 April 2012
Government to release six residential sites estimated to yield 2,380 housing units in April 2012
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) are releasing six residential sites for sale in April 2012. Together, these sites will yield about 2,380 units as part of the total 14,100 residential units to be released under the Government Land Sales (GLS) Programme for 1st half 2012 (1H2012).
The 3 land parcels at Sengkang Square, Buangkok Drive and Pasir Ris Drive 3, which can yield about 1,780 housing units, are launched for sale today under the Confirmed List. In addition, 2 other residential sites at Alexandra View and Farrer Drive are also made available today for application on the Reserve List. The land parcel at Farrer Road will be released for sale on the Reserve List on 30 April 2012.

 Land Parcels at Sengkang Square and Buangkok Drive
These two sites are located in the heart of Sengkang Town and are in close proximity to the Sengkang and Buangkok MRT Stations. Located in the north-east region, the two sites can together provide 1,290 dwelling units.

 Land Parcel at Pasir Ris Drive 3
The land parcel is located within an established residential estate in Pasir Ris Town.
The land parcel with a site area of 2.2 ha is located near Pasir Ris MRT station and Pasir Ris Bus Interchange.

 Land Parcel at Alexandra View
The land parcel is located next to the Redhill MRT station. With a site area of 0.8 ha, the future residential development will be a short drive away from Orchard Road, Central Business District, Marina Bay and the Southern Waterfront area where VivoCity and Sentosa are located.

Land Parcels at Farrer Drive and Farrer Road
These two sites are located in an established private residential area within the central region.  Earmarked for private residential development, the two sites can potentially yield about 140 units and are easily accessible by major arterial roads and expressways such as Farrer Road, Holland Road, Pan-Island Expressway (PIE) and Ayer Rajah Expressway (AYE).

Other Details
Tender for the sites at Sengkang Square, Pasir Ris Drive 3 and Buangkok Drive will close at 12 noon on 31 May 2012, 5 June 2012 and 12 June 2012 respectively. Selection of the successful tenderer will be based on the tendered land price only.
Details of these six land parcels and their location plans are provided in Annexes 1 and 2. More details on the land parcels are available on the respective URA and HDB websites at:
(Sengkang Square)
(Buangkok Drive)
(Pasir Ris Drive 3)
(Alexandra View)
(Farrer Drive)
(Farrer Road)

View the original article here

Source From URA

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