Tuesday, August 7, 2007

URA Puts Up Residential Site For Public Tender

Source : AsiaOne News, Tue, Aug 07, 2007

The Urban Redevelopment Authority (URA) today put up a residential site at Simon Road for sale by public tender.

This Land Parcel is one of the 10 confirmed list sites under the Government Land Sales Programme for the second half of 2007 as announced by the Ministry of National Development on June 14.

The land sales for the second half year comprises sites that can potentially yield about 8,000 units of private residential units, of which about 3,000 of these units will be generated from sites on the confirmed list. The rest of the units will come from sites on the reserve list.

The Simon Road site, with an area of about 1.76 ha and a maximum permissible gross floor area of 61,719 sqm, is zoned for residential development.

This Land Parcel is located at the doorstep of Kovan MRT Station, offering residents the convenience of an efficient and affordable public transportation to all parts of Singapore. It is also well connected to the rest of the island by major roads and expressways such as
Tampines Expressway and Central Expressway.

Convenient retail and dining facilities are available in the immediate neighbourhood in developments such as Heartland Mall Kovan
and Kovan City.

The tender will close at 12 noon on Oct 2, and selection of the successful tenderer will be based on the tendered
land price only.

More details on the Land Parcel are available on URA website at
http://www.ura.gov.sg/sales/simonrd31Aug06/Launch/simonrd-intropage.html.

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