URA, HDB release sale sites in Dairy Farm Road, Sims Drive and Tampines Avenue 10
SINGAPORE - The Urban Redevelopment Authority (URA) and the Housing Board (HDB) have released three sites with residential components for sale in Dairy Farm Road, Sims Drive and Tampines Avenue 10.
These come under the first half of the 2018 Government Land Sales programme, the authorities announced on Thursday (May 31).
For sale is one Confirmed List site in Dairy Farm Road launched for residential development with commercial uses on the first storey. This land parcel has a site area of 19,647.5 sq m, with a 99-year lease period, and a permissible gross floor area (GFA) of 41,260 sq m.
The project completion period is five years, and tender for this development will close at noon on Sept 4.
Separately, the URA residential site in Sims Drive and the HDB executive condominium site in Tampines Avenue 10 are available for application under the Reserve List. This means developers can trigger the tender of these sites if they indicate interest with bid commitments acceptable to the URA.
The development in Sims Drive has a site area of 16,225.3 sq m, with a lease period of 99 years, and a permissible GFA of 48,676 sq m. Project completion period also stands at five years, or 60 months.
Lastly, the executive condominium in Tampines has a site area of 2.56ha, and a proposed gross plot ratio of 2.8.
Taken together, these three sites can yield about 1,880 residential units, the URA and the HDB said in a joint statement.