The Urban Redevelopment Authority (URA) and Housing Development Board (HDB) launched three residential sites for sale via public tender yesterday.
Situated along Mount Vernon Road, Jalan Lempeng and Kovan Road/Simon Road, the land parcels were released for sale under the confirmed list of the 2H 2011 Government Land Sales (GLS) Programme.
In total, these sites can add some 1,830 units to the 14,945 units already launched under the GLS Programme this year.
Located along Mount Vernon Road, the first site has a total area of about 2.1 ha and can potentially yield some 785 housing units.
The 2.4 ha land parcel at Jalan Lempeng can potentially provide around 685 housing units and is easily accessible via Clementi MRT station, as well as the nearby PIE and AYE.
Lastly, the residential site at the junction of Kovan Road and Simon Road has a total area of about 1.7 ha and can generate around 360 housing units.
The tender for the residential sites at Mount Vernon Road, Jalan Lempeng and Kovan Road/Simon Road will close on 10, 12 and 18 January 2012 respectively. The URA said the selection of the successful tenderer will be based on the tendered land price only.
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