Wednesday, November 14, 2012

Housing site near Redhill MRT launched for sale

A residential site ocated at Alexandra View (Parcel B) has been launched for sale by the Urban Redevelopment Authority (URA).

Originally on the reserve list, the 0.65-ha site received an application from a developer last month to launch its tender with a minimum bid of S$222.898 million.

The site has a maximum permissible gross floor area (GFA) of 31,857 sq m and is offered on a 99-year lease term.

Moreover, the future development will enjoy proximity to Redhill MRT station, Orchard Road, the CBD, Marina Bay and Southern Waterfront area.

The public tender will close on 11 December and the tendered land price will be the sole basis of determining the winning bid.

View the original article here

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