Lentor Central, Tampines Street 62 Sites Launched For Tender
The Urban Redevelopment Authority along with the HDB on Thurs 15 Apr kicked off two plots at Lentor Ctrl also Tamp Street 62 (Parcel A) for tender.
Launched up for sale within the certified selection in the initial six mths 2K21 Government Land Sales Program, both locations come with a 99-year lease period. In sync, they can supply close to One thousand one hundred and ninety five residential units.
Section for residential with industrial at first floor usability, the plot at Lentor Ctrl has a surface area of 17.28K square m including a highest gross floor area of 60,480 square meter. The highest constructing ceiling for the site is 35 metres SHD in the low-rise region, and 1hundred 7 m Singapore height datum in the skyscraper zone. The project might supply approximately 605 units.
Huttons Asia forecasts the plot to appeal to in excess of 10 bidders, by having the leading quote varying from $1,000 to $1.05K per square ft per plot ratio.
It described the location as “probably the greatest location under the first half 2K21 GLS programme”.
” There will be bottled-up interest as the last commence in the vicinity was The Calrose in 2005,” it shared. “The business part is going to offer much desired conveniences to the vicinity along with potential growths.”
The Tampines Street 62 ground, meanwhile, possesses a space of 23thousand 799 sq m along with a max GFA of 59thousand 498 sq meter. Region for residence usability, the location has an optimum property elevation of Sixty-three to 64 m Singapore height datum. It can yield about 590 EC units.
Huttons Asia’s forecasts the ground to draw in around ten prospective buyers, with the highest bid running from $550 to $600 psf per plot ratio.
” The executive condominium ground at Tamp Street Sixty-two settles in a developed neighbourhood. Tamp had quite a number of BTO release in the past couple of yrs as well as there is a huge group of possible upgraders planning to advance to an EC,” it revealed.
” The successful debut of Parc Central Residences provide testament to the pool of need.”
The bidding for the 2 plots concludes on 22Jul.