Residential site on the reserve list at New Upper Changi Road and Bedok South Avenue 3 was introduce for sale on 7 January this year after a property developer placed a bid of $320 million minimum price for the plot, Urban Redevelopment Authority (URA) reported.
The 99-year leasehold residential site will be released for sale by public tender with about 2.4ha land area and expected to yield up to 570 residential units.
The site located close to Changi Business Park, Singapore University of Technology and Design and Tanah Merah MRT station. Many Singapore Property such as Uber 388, Optima@Tanah Merah, East Meadows, The Glades @ Tanah Merah also located nearby.
According to URA, in about two weeks, the site will launch the public tender.