Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA together with the Housing and Development Board on Thurs 15April introduced 2 grounds at Lentor Ctrl along with Tamp Street Sixty Two (Parcel A) for tender.
Commenced for sale within the confirmed inventory in the initial six mths ’21 Government Land Sales Programme, the two lands included a Ninety-nine years rent tenancy. Unitedly, they can return more or less 1.195k domestic units.
Zoned for household with business at 1st level usage, the location at Lentor Ctrl has a size of 17,279.9 square meter and also a top GFA of 60.48K square m. The optimum building altitude for the site is Thirty-five metres Singapore height datum in the low level zone, and One hundred and seven m Singapore height datum in the high-rise region. It could possibly return approximately 605 apartments.
Huttons Asia hopes for the site to lure beyond ten bidders, with the main proposal varying from $1K to $One thousand Fifty psf ppr.
It defined the site as “perhaps the greatest location under the first half ’21 GLS program”.
” There will certainly be stifled call for as the previous commence in the area was The Calrose in 2005,” it said. “The retail element will certainly generate much needed amenities to the area plus future advancements.”
The Tamp Street Sixty-two location, on the contrary, possesses a surface area of 23,799.2 sq m as well as a maximum gross floor area of 59thousand 498 square m. Zoned for household convenience, the ground has a top structure ceiling of Sixty-three to Sixty Four m Singapore height datum. It can supply about 590 executive condominium units.
Huttons Asia’s anticipates the site to captivate as many as ten bidders, with the top proposal running from $550 to $Six hundred psf per plot ratio.
” The executive condominium plot at Tampines St Sixty-two settles in a mature community. Tamp had somewhat an amount of Build-To-Order debut in the past few yrs and also there is a substantial pool of potential upgraders planning to progress to an EC,” it said.
” The prosperous release of Parc Central Residences produce testament to the group of interest.”
The tender for the 2 sites discontinues on 22Jul.