Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA together with the HDB on Thurs 15April released 2 plots at Lentor Ctrl together with Tampines St Sixty-two (Parcel A) for bidding.
Debuted to sell under the authenticated inventory in the 1st half 2K21 Government Land Sales Program, the 2 locations come with a 99-year rent period. In sync, the land can supply about One thousand one hundred and ninety five domestic units.
Region for domestic with business at 1st floor operation, the location at Lentor Ctrl has a surface area of 17,279.9 sq m and also a maximum gross floor area of 60,480 sq meter. The optimum constructing ceiling for the site is Thirty-five metres Singapore height datum in the low level zone, and 1hundred 7 m SHD in the skyscraper region. The property might produce almost 605 apartments.
Huttons Asia looks forward to the site to captivate greater than ten bidders, by having the best quote ranging from $1thousand to $1,050 psf ppr.
It described the site as “perhaps the most desired ground under the first half 2K21 GLS programme”.
” There will be stifled requirement as the previous introduce in the neighborhood was The Calrose in 2K05,” it claimed. “The industrial part will certainly bring much wished services to the location also future progressions.”
The Tampines St Sixty Two plot, on the other hand, features a surface area of 23thousand 799 square m including a max gross floor area of 59,498 sq m. Section for residence use, the ground has a maximum building tallness of Sixty-three to 64 m SHD. It can supply roughly 5hundred 90 EC apartments.
Huttons Asia’s hopes for the ground to attract as much as 10 bidders, with the main proposal running from $550 to $Six hundred psf ppr.
” The EC location at Tamp St Sixty-two positions in a developed estate. Tamp had quite a number of BTO release in the earlier couple of years and also there is a sizable pot of possible upgraders wanting to elevate to an EC,” it revealed.
” The successful kick off of Parc Central Residences deliver evidence to the pot of interest.”
The bidding for the 2 plots closes on 22 Jul.