Wednesday, April 30, 2008

URA Releases 2 Residential Sites For Sale

Source : The Business Times, April 29, 2008

The Urban Redevelopment Authority (URA) has made available two 99-year leasehold residential sites for sale.

One is a site in Woodleigh Close, a short walk from the Potong Pasir MRT station, or the yet-to-be opened Woodleigh MRT station.

The 1.08 ha site has a maximum gross floor area of 30,167 sq m for 260 to 290 apartments.

The tender for this land parcel will close on June 24.

The other in Upper Thomson Road is close to Bishan Park and Lower Peirce Reservoir Park.

On the reserve list, the site will be put up for sale, only if a developer were to indicate his interest by committing to a minimum bid.

The 2.08 ha Upper Thomson Road site can have a gross floor area of 43,758 sq m.

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