Asplenium Land acquires Seletar Road site

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A land parcel at Seletar Road has been awarded to Asplenium Land Ltd after offering the highest bid of $123 million in a public tender that closed on December 14.

The site was launched for sale on October 26 under the confirmed list of the government’s 2H2010 GLS programme.

Zoned for residential development, the Seletar site has a total site area of 17,455.9 sq m with a maximum gross floor area (GFA) of around 24,439 sq m, and could yield up to 270 residential units. The site is located within the established Seletar Hills estate and near the future Seletar Aerospace Park.

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