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URA launches residential sites at Stirling Road and Lorong 1 Realty Park

  Published: 20 April 2017

The Urban Redevelopment Authority (URA) has launched two residential sites at Stirling Road and Lorong 1 Realty Park for sale by public tender today.

The land parcel at Stirling Road was first made available for sale on the Reserve List in March 20101. On 10 April 2017, 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 $685,250,000 in the tender for the site.

The residential site at Lorong 1 Realty Park is released for sale via the Confirmed List of the 1st half 2017 Government Land Sales (GLS) Programme.

Together, these two sites can potentially yield about 1,160 residential units.

Details of the two land parcels can be found in Annex 1 [PDF, 84kb], and the location plans are in Annex 2 [PDF, 445kb].

Other Details

The tender for the site at Stirling Road will close at 12 noon on 18 May 2017, and the tender for the site at Lorong 1 Realty Park will close at 12 noon on 1 June 2017.

More details on the land parcels are available on URA website at http://www.ura.gov.sg/uol/land-sales-repository/Sites/stirling-rd-l.aspx and http://www.ura.gov.sg/uol/land-sales-repository/Sites/lorong-1-realty-park-cl.aspx.

Developer’s packets containing details and conditions of tender of the two sites are available for sale at:

URA Land Sales
Singapore City Gallery
2nd storey, The URA Centre
45 Maxwell Road
Singapore 069118

1 Originally, the site was released for sale as two smaller adjoining parcels. The two parcels were subsequently amalgamated as a single parcel for sale via the 1H2012 Reserve List.