URA releases 2 residential sites

October 26, 2010, 12.00 pm (Singapore time)

By BERNICE BONG

SINGAPORE - Another two private housing sites - which could yield a total of 1,080 private homes - have been released for sale by the Urban Redevelopment Authority (URA) on Tuesday.

The two land parcels at Punggol Central/Punggol Walk and Seletar Road are launched for sale under the Government's Confirmed List.

Click here for URA press release

The 2.7 ha site at Punggol Central/Punggol Walk can potentially yield about 810 housing units. The land parcel has a maximum permissible gross floor area (GFA) of 888,904 sq ft, with an additional GFA of about 4,489 sq ft allowed for the existing conservation building, Matilda House, located within the site.

The tender for the site will close at noon on Dec 7.

The 1.7 ha land parcel at Seletar Road has a maximum permissible GFA of 263,059 sq ft and can potentially yield about 270 housing units.

The tender for the site will close at noon on Dec 14.

The government has made available sites that can yield about 13,905 private housing units in its land sales programme for the second half of the year, the highest potential supply quantum inthe history of such a programme.

Sources: http://www.businesstimes.com.sg