Sunday, September 30, 2012

1,375 private housing units expected from 3 new residential sites


Wednesday, Sep 26, 2012

SINGAPORE - The Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) are releasing two executive condominium (EC) sites and a residential site for sale in September this year to provide developers and home-buyers with more choices for private housing.

The two EC sites at Sengkang West Way / Fernvale Link (Parcel B) and Pasir Ris Drive 3 / Pasir Ris Rise were launched for sale under the Confirmed List today.

The residential site at Alexandra View (Parcel B) has been made available for application on the Reserve List system.

The land parcel at Sengkang West Way / Fernvale Link (Parcel B) has a site area of 14,100.8 sq m and a maximum allowable GFA of 42,302.4 sq m. It is expected to yield 420 dwelling units for a lease term of 99 years.

This development site is located at the junction of Sengkang West Way and Fernvale Link. It is a short walk away from the Layar LRT station.

Other amenities include the soon-to-be completed Seletar Mall, Fernvale Point, Compass Point, Rivervale Mall and Rivervale Plaza. Family with school-going children can enroll them in many well-known primary and secondary schools like Pei Hwa Secondary, CHIJ St Joseph's Convent and Nan Chiau High School.

The tender for this land parcel will close at 12 noon on November 8 at 12 noon.

The land parcel at Pasir Ris Drive 3 / Pasir Ris Rise 4 is also zoned for executive condominium housing. It will have a site area of 27,660 sq m and a maximum allowable GFA of 58,086 sq m.

It is estimated to yield 580 dwelling units on a lease term of 99 years.

It is located within Pasir Ris Town and is served by Pasir Ris MRT station and the Pasir Ris Bus Interchange. Amenities in the area include White Sands Shopping Centre, Elias Mall, Pasir Ris West Plaza and the Pasir Ris park.

There are established schools such as Meridian Junior College, Hai Sing Catholic, Casuarina Primary and Pasir Ris Crest Secondary nearby.

The tender for this land parcel will close at on November 22 at 12 noon.

The land parcel at Alexandra View (Parcel B) is zoned for residential development and will have a site area of 6,501.5 sq m. It will have a maximum allowable GFA of 31,858 sq m.

It is expected to yield 375 dwelling Units on a lease term of 99 years.

The site is near the Central Business District, Orchard Road, Marina Bay and the Southern Waterfront area where VivoCity and Sentosa are located. It is served by Redhill MRT station.


Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

| www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com |
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