Lentor Central, Tampines Street 62 Sites Launched For Tender
The Urban Redevelopment Authority as well as the Housing and Development Board on Thurs 15 April introduced two sites at Lentor Ctrl along with Tampines St Sixty-two (Parcel A) for tender.
Launched to sell under the verified list in the very first six months 2021 GLS Program, both locations come with a Ninety-nine yrs rent period. Together, they can yield approximately One thousand one hundred and ninety five home units.
Zoned for domestic with retail at first level operation, the site at Lentor Ctrl has a size of 17.28K sq m and a maximum gross floor area of 60,480 sq m. The highest constructing height for the location is Thirty-five m SHD in the low-rise zone, and 1hundred 7 metres Singapore height datum in the high level region. The property can supply roughly 6hundred 5 units.
Huttons Asia looks forward to the plot to lure beyond ten prospective buyers, with the top bid varying from $1K to $1.05K per square foot per plot ratio.
It illustrated the location as “probably the most ideal location within the 1H 2021 GLS programme”.
” There will be suppressed demand as the last launch in the region was The Calrose in 2005,” it stated. “The business component will certainly furnish much required facilities to the area and also potential progressions.”
The Tamp St Sixty Two location, nevertheless, offers a size of 23,799.2 square meter together with a peak gross floor area of 59thousand 498 sq meter. Zoned for home convenience, the site has a maximum property ceiling of 63 to 64 m Singapore height datum. The property could generate about 5hundred 90 executive condominium apartments.
Huttons Asia’s predicts the site to bring in almost 10 prospective buyers, with the premier quote varying from $550 to $6hundred psf per plot ratio.
” The executive condominium plot at Tampines St Sixty Two sits in a mature estate. Tamp had quite an amount of Build-To-Order kick off in the last few years and also there is a substantial group of possible upgraders aiming to enhance to an EC,” it shared.
” The triumphant release of Parc Central Residences provide proof to the group of need.”
The tender for the 2 plots closes on 22July.