Tuesday, May 15, 2012

Government to release five residential sites estimated to yield 2,100 housing units in May 2012

15 May 2012
Government to release five residential sites estimated to yield 2,100 housing units in May 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 five residential sites for sale in May 2012. Together, these sites will yield about 2,100 units as part of some 14,000 residential units to be released under the Government Land Sales (GLS) Programme for 1st half 2012 (1H2012).

The site at Pheng Geck Avenue (Parcel B) is launched for sale under the Confirmed List today. The other four residential sites at Tai Thong Crescent (Parcel C), Kim Tian Road, Prince Charles Crescent and Sengkang West Way are made available for application on the Reserve List today.  



Land Parcels at Pheng Geck Avenue (Parcel B) and Tai Thong Crescent (Parcel C)

Both land parcels are located near Potong Pasir MRT station. Parcel B at Pheng Geck Avenue, which is zoned for residential use, has a site area of 0.49 ha. Parcel C at Tai Thong Crescent, which is zoned for residential with commercial use at 1st storey, has a site area of 0.82 ha.

Land Parcel at Kim Tian Road and Prince Charles Crescent

The two sites are located in an established residential area within the central-west region and are located near Tiong Bahru and Redhill MRT stations respectively. Both sites are also a short drive away from the Central Business District, Marina Bay and Orchard Road.

Land Parcel at Sengkang West Way

The 1.65 ha land parcel is located in Sengkang Town. It is a short drive away from Sengkang MRT station and bus interchange, and is also easily accessible via Tampines Expressway.

Other Details

Tender for the site at Pheng Geck Avenue (Parcel B) will close at 12 noon on 28 June 2012. Selection of the successful tenderer will be based on the tendered land price only.

Details of these five 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:

http://www.ura.gov.sg/sales/PhengGeckAve-B/CL/PhengGeckAve-B-intro(CL).html
(Pheng Geck Avenue, Parcel B)

http://www.ura.gov.sg/sales/TThngCrest/MA/TThngCrest-intro(MA).html
(Tai Thong Crescent, Parcel C)

http://www.ura.gov.sg/sales/KimTianRd/MA/KT-intro(MA).html
(Kim Tian Road)

http://www.ura.gov.sg/sales/PrinceCharlesCr/MA/PCC-intro(MA).html
(Prince Charles Crescent)

http://www.hdb.gov.sg/fi10/fi10330p.nsf/w/LandDevMangSengkangWestWay?OpenDocument
(Sengkang West Way)

View the original article here

Source From URA

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