Tag Archives: Government Land Sales

Govt to release two residential sites in Dairy Farm Road and Punggol

Posted on 23 Jul 2012 | Comments Off on Govt to release two residential sites in Dairy Farm Road and Punggol

To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) have launched two residential sites at Dairy Farm Road and Punggol Way / Punggol Walk respectively for sale by public tender today.

The two land parcels are launched for sale under the Confirmed List of the 2nd half 2012 (2H2012) Government Land Sales (GLS) Programme. Together, these sites will yield about 950 units, as part of the 7,060 residential units to be launched for sale under the 2H2012 GLS Programme.

The site at Dairy Farm Road is located within an established private residential estate and is easily accessible by Bukit Timah Expressway and Pan Island Expressway. It is also located close to the future Hillview MRT Station on the Downtown Line 2.

Located near the Punggol Promenade, the site at Punggol Way / Punggol Walk enjoys accessibility to Tampines Expressway, which is a mere minutes away. The site is also near Punggol MRT station and Punggol bus interchange.

Tender for the residential sites at Dairy Farm Road and Punggol Way / Punggol Walk will close at 12 noon on 11 September 2012 and 4 September 2012 respectively. Selection of the successful tenderer will be based on the tendered land price only.

Source URA – 2012 Jul 23

 

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URA to put site at Tai Thong Crescent up for public tender

Posted on 14 Jul 2012 | Comments Off on URA to put site at Tai Thong Crescent up for public tender

The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the residential with 1st storey commercial site at Tai Thong Crescent (Parcel C) for sale by public tender.

The land parcel was made available for sale through the Reserve List system on 15 May 2012. URA received an application from a developer for the site to be put up for public tender. The developer committed to bid at a price of not less than $154,474,200 in the tender for the land parcel. As the minimum price committed by the developer is acceptable to the Government, the site will be released for sale by public tender.

In accordance with the procedures of the Reserve List system, URA is making public the minimum price committed for the site. However, the identity of the applicant will not be released. URA will launch the public tender for the site in about two weeks. The launch date will be announced later. The tender period for the land parcel will be about five weeks.

With a land area of about 0.82 ha, the residential with 1st storey commercial site is expected to generate a gross floor area of about 28,702 m2.

The land parcel is located near Potong Pasir MRT Station and is well connected to major arterial roads and expressways such as Upper Serangoon Road, Pan-Island Expressway (PIE), Central Expressway (CTE) and Kallang Paya-Lebar Expressway (KPE).

Source: URA – 2012 Jul 11

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