Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA along with the HDB on Thursday 15April introduced two lands at Lentor Central as well as Tampines Street Sixty-two (Parcel A) for bidding.
Debuted to sell within the authenticated selection in the 1st 6 mths 2021 GLS Programme, the 2 sites holds a 99-year leasehold tenure. Combined, they can yield close to 1thousand 1hundred 95 home units.
Zoned for domestic with industrial at first floor convenience, the site at Lentor Ctrl has an area of almost 17,280 sq meter together with an optimum gross floor area of 60.48K sq meter. The optimum constructing ceiling for the site is Thirty-five metres Singapore height datum in the low-rise region, and 107 metres Singapore height datum in the high level zone. The property might generate about Six hundred and Five apartments.
Huttons Asia anticipates the location to entice in excess of ten prospective buyers, by having the leading bid varying from $1thousand to $1thousand 50 psf ppr.
It described the site as “probably the greatest plot under the first half 2021 Government Land Sales program”.
” There are going to be pent-up interest as the previous release in the neighborhood was The Calrose in 2K05,” it revealed. “The retail element will most likely offer much desired amenities to the vicinity furthermore long term growths.”
The Tamp Street 62 site, nevertheless, offers a surface area of 23,799.2 sq m and also a max GFA of 59,498 square meter. Zoned for household convenience, the site has a maximum constructing height of Sixty-three to 64 m SHD. The property could possibly return almost 590 executive condominium units.
Huttons Asia’s looks forward to the plot to attract as many as ten prospective buyers, with the main quote going from $550 to $6hundred psf ppr.
” The EC ground at Tamp St Sixty Two sits in a seasoned estate. Tamp had quite an amount of Build-To-Order debut in the recent couple of years and there is a big group of interested upgraders considering to advance to an executive condominium,” it shared.
” The rewarding introduce of Parc Central Residences develop proof to the pool of need.”
The bidding for the 2 sites discontinues on 22 Jul.