Source : The Straits Times, July 22, 2009
A CONDOMINIUM housing site in Chestnut Avenue, Bukit Panjang, will be launched for sale by public tender on Thursday.
The tender period is four weeks and will close at noon on Aug 19, said the Housing Development Board on Wednesday.
The parcel was made available for sale through the Reserve List on March 26 last year.
As a developer had committed to submit a minimum bid of S$62 million, HDB is putting it up e put up for public tender.
The site covers an area of 22,700.4 sq m and can be developed up to a maximum permissible gross floor area of 47,670.84 sq m.
It is located within Bukit Panjang Town overlooking the Upper Peirce Reservoir, and it is also near the Bukit Timah Nature Reserve.
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