2 more residential sites for sale
- Thursday, May 6, 2010, 10:00
- Singapore
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Two more residential sites were released for sale yesterday by the Housing and Development Board. They are located in Punggol Field and Yishun Avenue 2. Both were previously on the Government’s reserve list.
The Punggol site has been set aside for an executive condominium development which can potentially yield about 615 units. The 99-year leasehold land parcel has a site area of 22,497 square metres and a permissible gross floor area of 67,492 sq m. The minimum offer price for the site is $147.7 million.
Meanwhile, the Yishun land parcel is meant for condominium housing with about 600 units expected. The 99-year lease development has a site area of 26,539 sq m and a permissible gross floor area of 66,349 sq m. The minimum offer price is $137.9 million.
SOURCE: Today ONLINE
