Singapore’s URA (Urban Redevelopment Authority) has launched a residential site for sale by public tender last 28th of April (Thursday) this year.
This 99-year leasehold project has become under the confirmed list of the Government Land Sales (GLS) Programme for the first half-year. This development has approximately 15,936.1 square meter plot and has a maximum gross floor area of 44, 622 square meters and can probably hold for about 450 units and also comes with a maximum building height of 153 meters above mean sea level according to the URA.
Future residents could have a great access to the said site as it isn’t far from some MRT stations such as the Great World MRT, Somerset MRT, and Dhoby Ghaut MRT. The said residence is also nearby to some local and prestigious schools like the River Valley Primary School, Cambridge @ Robertson, EtonHouse Pre-School Robertson, and The Little Skool-House. The site is also within the vicinity in a well-established residential area that features condominiums such as the Martin Place Residences and Waterford Residences.
The tender for this land parcel has closed at 12 noon last June 28.
The Urban Redevelopment Authority has awarded the tender of this residential site to First Bedok Land Pte Ltd. This company has submitted the highest bid in the tender for the said site.