URA launches GLS sites at Holland Road and Dhoby Ghaut area

By
/ EdgeProp
|
November 30, 2017 6:07 PM SGT
The Urban Redevelopment Authority has released two sites in the Confirmed List under the 2H2017 Government Land Sales (GLS) Programme.
 - EDGEPROP SINGAPORE
(Credit: URA)
The Holland Road site has a site area of 247,215 sq ft. It is zoned Commercial and Residential with a maximum gross floor area (GFA) of 642,767 sq ft, including 145,313 sq ft of retail space. It can yield an estimated 570 housing units.
 - EDGEPROP SINGAPORE
Meanwhile, the 51,626 sq ft site on Handy Road, in the Dhoby Ghaut area, is zoned for residential use. It has a maximum GFA of 123,204 sq ft and could yield 130 units.
ADVERTISEMENT
URA also released two residential sites at Mattar Road and Canberra Drive under the Reserve List.
 - EDGEPROP SINGAPORE
The 67,061 sq ft site on Mattar Road has a maximum GFA of 201,188 sq ft and can yield an estimated 255 units. The Canberra Drive land parcel has an area of 440,044 sq ft and a maximum GFA of 616,062 sq ft. It can yield an estimated 765 units.
 - EDGEPROP SINGAPORE
All the sites have a 99-year tenure. The tender for the Handy Road site will close on Jan 30, while the tender for Holland Road will close on Mar 20.