The 99-year leasehold site has a maximum gross floor area (GFA) of 28,001 sq m, and can yield 325 housing units.
Bernam Street was launched for sale on Thursday (30 May) under the confirmed list of the first half 2019 Government Land Sales (GLS) Programme, revealed the Urban Redevelopment Authority (URA).
With an area of 3,846.2 sq m, the 99-year leasehold site has a maximum GFA of 28,001 sq m and is expected to yield 325 housing units.
It has a maximum building height of 35 storeys for the high-rise zone, 20 storeys for the mid-rise zone and four storeys for the low-rise zone.
The site is situated within the Anson precinct, in the “Tanjong Pagar area of the central business district (CBD), an area planned to be a 24/7 vibrant mixed-use urban neighbourhood with live-in communities supported by amenities”.
It is also near Tanjong Pagar MRT station as well as the upcoming Prince Edward Road MRT Station. It is also accessible via major roads such as Anson Road and Keppel Road as well as expressways like Marina Coastal Expressway and Ayer Rajah Expressway
“The site is envisaged to be developed into a high-quality residential development with attractive and delightful public space to inject vibrancy at street level,” said URA.
“The future development will offer opportunities for city-living, providing easy access to employment within the CBD, as well as vibrant lifestyle offerings and amenities.”
The tender for the Bernam Street site will close on 5 September. It will be batched with the site at Tan Quee Lan Street launched in March.
Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email email@example.com