Thursday, December 22, 2011

Government releases three residential sites for 1,325 housing units

To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) has released three residential sites at Bedok South Avenue 3, Jervois Road and Boon Lay Way for sale today.

The land parcels at Bedok South Avenue 3 and Jervois Road are launched for sale under the Confirmed List, while the site at Boon Lay Way is made available for application for sale under the Reserve List of the 2nd half 2011 (2H2011) Government Land Sales (GLS) Programme. Together, the three sites released for sale today can potentially yield about 1,325 units, adding to the 21,560 units which have been launched for sale under the GLS Programme this year.

Details of the three residential sale sites are as follows:

Land Parcel at Bedok South Avenue 3
The 2.8ha land parcel is located in the eastern region of Singapore. Located near to Tanah Merah Interchange Station, future residents will enjoy convenient public access to all parts of the island. It is also well connected to major arterial roads and expressways such as ECP and PIE.

Land Parcel at Jervois Road
The land parcel, with a site area of about 0.8ha, is located in an established residential estate in at the fringe of the city centre and near Redhill MRT Station. The site can potentially yield about 140 housing units.

Land Parcel at Boon Lay Way
The land parcel is located in Jurong Gateway,  which is envisioned to be Singapore’s largest commercial hub outside the city centre, with a good mix of office, retail, hotel, entertainment, food & beverage (F&B) and other complementary uses. With a site area of about 1.1ha, the land parcel can potentially yield about 590 housing units. Residents will enjoy convenient access to all parts of the island via Jurong East MRT Station, which is located nearby.

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