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Residential site at Siglap Road up for sale

PropertyGuru

The Urban Redevelopment Authority (URA) on Thursday announced the launch of a residential site at Siglap Road for sale by public tender.

The site is is under the Confirmed List of the second half of the 2015 Government Land Sales (GLS) Programme.

The 19,309.6 sq m site, which sits next to the Victoria School and opposite Mandarin Gardens, comes with a 99-year lease. It has a maximum permissible gross floor area of 67,584 sq m and maximum building height of 90 m.

According to URA, the site can potentially yield about 750 residential units. The land parcel is close to amenities such as Parkway Parade, Marine Parade Town Centre and the upcoming Siglap MRT station, and is easily accessible via the East Coast Parkway (ECP), itadded.

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Tender for the site will close 14 January 2016.

Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this or other stories emailnikki@propertyguru.com.sg

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