Tag Archives: URA

Serangoon site gets $83.7m bid

ANOTHER suburban residential site on the Government’s reserve list has been triggered for sale, signalling rising developer confidence.

Yesterday, an unnamed developer put in the minimum acceptable bid of $83.7 million, or some $200 per sq ft (psf), for a 1.39ha site in Serangoon Avenue 3.

Property consultants expect to see tender bids coming in at much higher levels because the site is in an established residential area near an MRT station. The 99-year leasehold site is near Lorong Chuan station – one of the first five stations to open on the Circle Line – as well as the Australian International School.

It has a maximum gross floor area of 38,857 sq m, according to the Urban Redevelopment Authority, and can accommodate an estimated 370 housing units. Continue reading

URA survey seeks to find out lifestyle needs in S’pore

4,000 people, including PRs and employment pass holders, to be polled

THE Urban Redevelopment Authority has commissioned a survey of 4,000 people, including some permanent residents (PRs) and employment pass holders, to establish lifestyle needs and trends in Singapore.

The findings will provide input to the ongoing Concept Plan 2011 Review.

‘The Lifestyle Survey will sample a representative profile of the Singapore population which includes both locals and foreigners,’ a URA spokesman told BT.

‘We want to ascertain the lifestyle needs and aspirations of locals and foreigners so we can work with the relevant agencies to improve Continue reading