Location map of the land parcel at Anchorvale Crescent. Source: HDB
An executive condominium site at Anchorvale Crescent has been put up for sale by public tender, after a developer committed to a minimum bid of $255 million, announced the Housing and Development Board (HDB) last Friday (10 Aug).
Triggered for launch on 25 July, the 17,137.3 sq m reserve list site has a gross floor area of 51,411.90 sq m and a gross plot ratio of 3.0.
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The site, which could yield 550 housing units, has a leasehold tenure of 99 years.
HDB noted that the tender for the EC site will close on 14 September.
“Any tender below the minimum price of $255 million will not be accepted,” it added.
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
