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.
This site which can potentially yield about 570 residential units was available for sale 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.
Details of the land parcel can be found in Annex 1 [PDF, 83kb] and the location is in Annex 2 [PDF, 242kb].
The tender for the land parcel will close at 12 noon on 23 February 2016. Any tender below the minimum bid price of $320,000,000 will not be considered.
More details on the land parcel are available on the URA website at: http://www.ura.gov.sg/uol/land-sales-repository/Sites/new-upper-changi-rd-pb-l.aspx
Developer’s packets containing details and conditions of tender of the land parcel are available for sale at:
URA Land Sales Customer Service Centre 1st storey, The URA Centre 45 Maxwell Road Singapore 069118