Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA as well as the HDB on Thurs 15Apr introduced 2 grounds at Lentor Central also Tampines Street Sixty Two (Parcel A) for bidding.
Kicked off up for sale under the confirmed selection in the very first half 2K21 Government Land Sales Programme, both grounds holds a 99-year leasehold tenancy. With each other, they can yield approximately 1thousand 1hundred 95 residential units.
Zoned for residence with industrial at 1st level usability, the ground at Lentor Ctrl has an area of 17.28K sq m including an optimum GFA of 60thousand 4hundred 80 square meter. The max constructing peak for the plot is Thirty Five m SHD in the low level zone, and One hundred and seven metres Singapore height datum in the high level zone. It could generate around Six hundred and Five apartments.
Huttons Asia anticipates the plot to appeal to more than 10 prospective buyers, by having the leading quote varying from $1K to $One thousand Fifty per sq foot ppr.
It detailed the location as “most likely the most ideal plot under the first half 2K21 Government Land Sales programme”.
” There will be stifled call for as the previous introduce in the location was The Calrose in 2K05,” it said. “The commercial component will certainly present much wished conveniences to the area and also future progressions.”
The Tampines St Sixty Two plot, alternatively, possesses a surface area of 23thousand 799 square m and a top GFA of 59thousand 498 sq meter. Section for house usability, the ground has a max structure altitude of 63 to Sixty Four metres SHD. It can supply about 590 EC apartments.
Huttons Asia’s looks forward to the plot to draw in around 10 bidders, with the best proposal stretching from $550 to $6hundred psf ppr.
” The executive condominium ground at Tamp Street Sixty Two rests in a matured neighbourhood. Tampines had quite an amount of BTO commence in the recent few years including there is a sizable pot of possible upgraders aiming to improve to an executive condominium,” it mentioned.
” The impressive release of Parc Central Residences form evidence to the pool of interest.”
The bidding for both sites terminates on 22Jul.