URA announced on Dec 28 that it has launched the sites at Sengkang Central and Hillview Rise for sale as part of the 2H2017 Government Land Sales (GLS) programme. Unlike other GLS tenders, submissions for the two 99-year leasehold sites will not be awarded based on price alone but by a concept and price revenue tender system.
The site at Sengkang Central is located across the road from Buangkok MRT station. The 37,300 sq m site at Sengkang Central has a gross plot ratio of 2.1, which works out to a maximum gross floor area (GFA) of 78,300 sq m. The new mixed-use development at Sengkang Central site is expected to have 700 residential units and 13,300 sq m commercial space which should include amenities such as a hawker centre, community club, childcare centre, shops and public transportation “connected through a seamless network of pedestrian-friendly streets and well-designed public spaces”, says URA.
The 14,300 sq m site at Hillview Rise is located within a 500m radius of Hillview MRT station and has a gross plot ratio of 2.8. This translates into a maximum GFA of 40,030 sq m which means it can be developed into a 535-unit residential unit project. The submissions for the Hillview Rise tender will also be assessed by the Building & Construction Authority based on innovative construction technologies or methods.
The tender for the Sengkang Central site will close on June 21, 2018, while the tender for Hillview Rise site will close on May 3, 2018.
Aerial view of Sengkang Central site (Credit: URA)
Hillview Rise land plot (Credit: URA)
Adapted from : Edgeprop, 29 December 2017