Lentor Central, Tampines Street 62 Sites Launched For Tender
The Urban Redevelopment Authority plus the HDB on Thurs 15April debuted 2 lands at Lentor Central and also Tampines St 62 (Parcel A) for bidding.
Commenced to sell under the certified listing in the first half 2021 GLS Programme, the 2 grounds included a 99-year rent tenure. Together, they can yield roughly 1thousand 1hundred 95 residence units.
Section for residential with industrial at first storey usage, the ground at Lentor Ctrl has a space of 17.28K sq meter along with a top GFA of 60.48K sq m. The highest structure altitude for the plot is Thirty Five m Singapore height datum in the low level region, and 1hundred 7 m Singapore height datum in the high-rise region. It could possibly yield about 6hundred 5 units.
Huttons Asia hopes for the plot to entice greater than ten prospective buyers, by having the best proposal going from $1K to $1,050 per square ft per plot ratio.
It detailed the location as “possibly the top plot under the 1H ’21 GLS programme”.
” There will be suppressed call for as the last introduce in the location was The Calrose in 2005,” it pointed out. “The commercial part will most likely give much desired services to the location as well as potential advancements.”
The Tampines St Sixty Two ground, otherwise, has an area of 23thousand 799 sq meter as well as a peak GFA of 59,498 sq meter. Zoned for residence usability, the site has a max property tallness of 63 to Sixty-four metres SHD. The project could possibly return roughly Five hundred ninety EC units.
Huttons Asia’s projects the plot to appeal to as many as ten prospective buyers, with the best proposal running from $Five hundred Fifty to $Six hundred psf per plot ratio.
” The executive condominium site at Tampines St Sixty-two rests in a developed estate. Tampines had somewhat a number of BTO commence in the last few yrs including there is a huge pool of potential upgraders wanting to enhance to an EC,” it mentioned.
” The successful commence of Parc Central Residences carry testament to the pool of interest.”
The tender for the two grounds concludes on 22July.