Lentor Central, Tampines Street 62 Sites Launched For Tender
The URA as well as the HDB on Thurs 15 April kicked off 2 locations at Lentor Central together with Tampines Street Sixty-two (Parcel A) for tender.
Kicked off to sell within the validated list in the 1st half 2K21 GLS Programme, the 2 grounds come with a 99-year leasehold tenancy. Combined, they can supply approximately 1.195k house units.
Region for non commercial with commercial at 1st level usage, the plot at Lentor Central has a surface area of 17.28K sq m along with a max gross floor area of 60.48K sq m. The peak building height for the plot is 35 m SHD in the low level zone, and One hundred and seven m SHD in the skyscraper region. The property might produce nearly Six hundred and Five apartments.
Huttons Asia projects the ground to lure beyond 10 prospective buyers, by having the top proposal stretching from $1K to $One thousand Fifty psf ppr.
It defined the site as “possibly the leading site under the first half 2K21 Government Land Sales program”.
” There will be bottled-up demand as the last release in the neighborhood was The Calrose in 2K05,” it revealed. “The commercial segment will most likely bring much wished features to the neighborhood as well as future developments.”
The Tamp St Sixty Two site, on the contrary, possesses a space of 23thousand 799 sq meter plus a top gross floor area of 59,498 square meter. Section for domestic use, the location has a top structure altitude of 63 to Sixty-four metres SHD. The property might return approximately Five hundred ninety executive condominium units.
Huttons Asia’s hopes for the plot to lure as high as ten prospective buyers, with the top quote going from $5hundred 50 to $6hundred psf per plot ratio.
” The executive condominium site at Tamp Street Sixty-two rests in a developed community. Tamp had somewhat a quantity of BTO release in the past few yrs also there is a substantial pool of potential upgraders wanting to progress to an EC,” it said.
” The impressive debut of Parc Central Residences create testament to the supply of need.”
The tender for the two grounds terminates on 22Jul.