Keen bids expected for housing sites in Lentor and Tampines

Both 99-year leasehold plots could yield nearly 1,200 units in total The hot housing market – for private and Housing Board flats – and developers’ need to replenish their land bank look set to ignite demand for government land sale (GLS) sites this year, with two plots in particular standing out from the pack. A[…]

Supply of land kept moderate amid economic uncertainty

The Government has moderately increased the supply of land for private homes but has kept the commercial and hotel sites unchanged for the first half of next year, as unsold home stocks fell and some developers are starting to buy land via collective sales. The uptick in residential supply from confirmed sites under the Government[…]

Sites for homes in Tengah, Ang Mo Kio up for sale

Potential for 985 units in total, with Tengah’s first executive condo The first executive condominium (EC) site in Tengah and a condo site in Ang Mo Kio were launched for sale yesterday under the second half of the 2020 government land sales (GLS) programme. Both residential sites are on the confirmed list, which was released[…]

Residential site in Bartley up for tender

A residential site in Jalan Bunga Rampai off Bartley Road has been launched for sale on the confirmed list in the Government Land Sales (GLS) programme, it was announced yesterday. The 99-year leasehold plot occupies 4,666.6 sq m and a maximum gross floor area of 9,800 sq m. It could yield about 115 units and[…]

UOL-UIC tie-up in top bid for Clementi Ave 1 site

Five bidders have thrown their hats in the ring for a 99-year leasehold private housing site in Clementi Avenue 1. Units of UOL Group and United Industrial Corporation lodged the top bid of $491.3 million or $788.31 per square foot per plot ratio (psf ppr). An MCL Land unit was next on $471 million or[…]