Thursday, June 26, 2008

SLA Offers 8 Infill Sites For Residential Homes

Source : The Straits Times, June 26, 2008

THE Singapore Land Authority (SLA) on Thursday launched another eight infill sites for residential use.

They include a 1,400 sq m site in Ridout Road, District 10, within the Good Class Bungalow area.

Some of the other sites are located within prime residential areas such as Holland Road and Carmichael Road. There is also a site at Upper East Coast Road, within walking distance of the popular Siglap and East Coast food haunts.

The sites, to be offered through a public auction on Aug 21 at M Hotel, can be developed for detached, semi-detached and terrace houses. They will be sold with fresh 99-year leases.

This will be the second time that SLA is offering such sites for public auction.

Last November, six infill sites were sold for over $30 million.

'Infill' sites are pockets of state land located in the midst of an established landed housing estate that have either been left untouched by nearby development, or are formerly used for public purposes that have since been phased out.

Assistant Chief Executive, Land Operations Group, Mr Simon Ong said: 'We were very encouraged by the strong response at the last auction. It attracted niche or boutique developers with expertise in building unique houses and 'dream homes'.

'This time, we have identified and released more sites and offering them through public auction for wider participation. The appeal of such sites is that they can be customised to suit the buyer's needs. This is also aligned with SLA's mission to optimise the use of vacant State land.'

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