Location of the land parcel at Anchorvale Lane. Source: HDB
An executive condominium (EC) site at Anchorvale Lane in Sengkang has been launched for sale by public tender, said the Housing and Development Board (HDB) on Wednesday (29 June).
This is the only EC site to be released on the confirmed list of the Government Land Sales (GLS) Programme in 2016, and could potentially yield about 635 housing units.
Measuring approximately 226,199 sq ft, the site has a maximum gross floor area (GFA) of about 678,598 sq ft. Its gross plot ratio is around 3.0.
Located beside Punggol Reservoir, Anchorvale Lane is close to the Tongkang LRT station, which connects residents to the Sengkang MRT station and bus interchange. The newly renovated Compass One, as well as malls such as Rivervale Mall and Rivervale Plaza are also nearby.
In addition, there are several neighbourhood schools in the vicinity, including Nan Chiau High School and Pei Hwa Secondary School.
The tender for the 99-year leasehold land parcel will close on 23 August 2016, said the HDB.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
