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URA has launched the tender for a 3.72ha white site at Town Hall Link in Jurong Lake District, previously on the GLS Reserve List. The mixed use site could yield up to 1,200 homes, with bids expected to start from $1.8 billion.
The 99-year leasehold site falls under an ongoing transformation of the Jurong Lake District into a “vibrant regional centre”, says URA.
The 3.7ha site at Town Hall Link will include office space and 44,000 sqm of gross floor area for uses such as retail, hotels, recreational spaces and attractions.
Backed by strong demand across earlier launches, Lentor Gardens Residences enters the market at a pivotal stage of the area’s development.
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The tender for a new Executive Condominium (EC) site at Admiralty Walk was launched on June 30. This government land sale (GLS) site is the second EC plot that the government has released for sale after it rolled out significant…
High Point was launched for collective sale in April with a guide price of $580 million.
The 99-year leasehold site in Sembawang can potentially yield about 450 residential units.
The guide price translates to an estimated land rate of $1,495 psf per plot ratio, with no land betterment charge payable.
The 502-unit development in Lentor Hills comprises two- to four-bedroom units, along with three strata five-bedroom terraced houses.
