Four residential sites up for sale under GLS programme

Four residential sites up for sale under GLS programme
Dated: 28-Jun-2018

They can yield up to 1,920 units in total.

4 residential sites are up for sale by the Urban Redevelopment Authority (URA) and the Housing and Development Board (HDB) under the H1 2018 Government Land Sales (GLS) programme. With a total site area of 709,961.7 sqft and a 99-year lease period, they could yield about 1,920 units, an announcement revealed.

Under the Confirmed List are the URA site at Jalan Jurong Kechil and the HDB Executive Condominium site at Canberra Link. Meanwhile, the URA site at Clementi Avenue 1 and the HDB Executive Condominium site at Anchorvale Crescent are both under the Reserve List for application.

The Jalan Jurong Kechil site could yield 5-storeys and around 280 units with its site area of 153,223.19 sqft . It is accessible through the Bukit Timah Expressway (BKE), Pan-Island Expressway (PIE) and Beauty World MRT Station and is also nearby Bukit Timah Shopping Centre and Ngee Ann Polytechnic.

Meanwhile, another part of the Confirmed List is the HDB Executive Condominium in Canberra Link which has a site area of 194,202.47 sqft. Available for tender, it has a proposed gross plot ratio (gpr) of 2.5 and can yield up to 450 units.

The 178,074.90 sqft URA site in Clementi Avenue 1 which is nearby the National University of Singapore (NUS) can yield up to 640 units. It is linked to Ayer Rajah Expressway and Clementi Road giving it a strategic access to the city centre, Jurong Lake District.

Also in the Confirmed List is the HDB Executive Condominium in Anchorvale Crescent with a site area of 184,461.13 that can yield up to 550 units.

URA revealed that the tender for the land parcels at Jalan Jurong Kechil and Canberra Link will close at 12 noon on 4 September.

Source: Singapore Business Review