Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA and the Housing and Development Board on Thursday 15 April introduced two locations at Lentor Central along with Tampines Street Sixty Two (Parcel A) for bidding.
Kicked off up for sale under the confirmed selection in the first half 2021 GLS Programme, both lands holds a 99-year rent period. Together, the ground can produce roughly One thousand one hundred and ninety five residence units.
Zoned for household with business at 1st level convenience, the location at Lentor Central has a size of almost 17,280 square meter and also an optimum gross floor area of 60.48K sq meter. The top property ceiling for the ground is Thirty Five m SHD in the low level zone, and 107 metres Singapore height datum in the high-rise region. It might return nearly 605 units.
Huttons Asia expects the site to entice more than 10 bidders, by having the highest quote varying from $1,000 to $1thousand 50 per sq ft ppr.
It described the plot as “perhaps the greatest plot under the 1H ’21 GLS program”.
” There will certainly be suppressed interest as the previous debut in the neighborhood was The Calrose in 2005,” it stated. “The industrial segment will certainly bring much needed conveniences to the region as well as potential progressions.”
The Tampines St Sixty Two plot, meanwhile, offers a space of 23,799.2 sq meter plus a maximum gross floor area of 59,498 sq m. Region for household usage, the plot has a highest building peak of Sixty-three to Sixty Four m Singapore height datum. The project could yield roughly 590 executive condominium apartments.
Huttons Asia’s expects the ground to entice right up to 10 bidders, with the main proposal going from $Five hundred Fifty to $Six hundred per square ft per plot ratio.
” The executive condominium site at Tampines St Sixty Two positions in a fully grown neighbourhood. Tampines had considerably a quantity of Build-To-Order kick off in the last few yrs as well as there is a large group of potential upgraders planning to progress to an executive condominium,” it claimed.
” The efficient release of Parc Central Residences provide testimony to the group of interest.”
The tender for both grounds closes on 22July.