URA, HDB launch 4 residential sites

16 Mar 2012

The Housing and Development Board (HDB) has released two new executive condominium (EC) sites located at Tampines Central 7 and Woodlands Avenue 5 under the confirmed list for H1 2012.

Together, the 99-year leasehold sites could yield 1,300 EC units. The Woodlands and Tampines plots are 25,800 sq m and 20,750.5 sq m in size respectively.

The tender for the land parcel in Woodlands will close on 3 May while the Tampines site tender will close on 10 May.

Meanwhile, two other residential sites released by the Urban Redevelopment Authority (URA) are located at Tampines Avenue 10, with Parcel A released for sale via the confirmed list and Parcel B under the reserve list.

The two plots, intended for condominium housing or flats, are expected to yield 1,115 units.

Both are 99-year leasehold sites which may allow for development of serviced apartments and have a total area of 20,071.1 sq m and 17,102.9 sq m respectively.

In total, the four sites could house 2,415 units, forming part of the total 14,100 residential units expected to be released under the Government Land Sales (GLS) Programme for H1 2012.

 

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