The Singapore’s URA (Urban Redevelopment Authority) had launched 2 sites that will present new private housing in Hillview Rise and Sengkang Central for sale by public tender. These 2 sites will come under the verified list of GLS (Government Land Sales) programme in the second half of year 2017.
Hand in hand, the 2 sites can possibly house around 1,235 fabulous condo units, the URA stated, affixing that the 37,300 square meters Sengkang land site is bounded for residential and commercial purposes and is neighboring to the Buangkok MRT Station. Situated in the central part of Buangkok district, the plot will yield a mixed-use development that is conceived as a joined community hub to outfit the needs of the residents with numerous amenities neighboring the area.
On the other hand, the 14,300 square meters Hillview Rise parcel is just for residential use.
The Urban Redevelopment Authority will appraise bids under an abstraction and price revenue tender arrangement. Under this method, a representative will first assess the idea of the proposal; merely shortlisted contenders whose conception are certified will be determined on cost, with the tender granted to the top bid through those adequate concepts.
The Hillview Rise tender will end on 3 May 2018 at noon, whereas Sengkang Central tender ends on June 21.