property personalised
News
Residential site at New Upper Changi Road / Bedok South Avenue 3 launched for tender
By Lin Zhiqin | January 20, 2016
Follow us on  Facebook  and join our  Telegram  channel for the latest updates.

The Urban Redevelopment Authority (URA) has launched the residential site at New Upper Changi Road / Bedok South Avenue 3 (Parcel B) for sale by public tender today. The 2.4 ha 99-year leasehold site has a maximum permissible gross floor area of 551,414 sq ft, which can potentially yield approximately 570 housing units.  It is located across Tanah Merah MRT station of the East-West Line.

The site was on the Reserve List of the 2nd Half 2015 Government Land Sales (GLS) Programme. On 7 January 2016, URA announced that it had received an application from a developer for the site to be put up for public tender. The developer committed to a bid price of not less than $320,000,000 in the tender for the site.

The tender will close at 12 noon on 23 February 2016. Any tender below the minimum bid price of $320,000,000 will not be considered.

Details of land parcel



Source: URA

* AMSL means Above Mean Sea Level

** Actual number of dwelling units provided by the developer may vary

Location map


More from Edgeprop