The sale by tender of a 2.55 ha blended industrial as well as domestic story of land in the upcoming Bidadari housing estate along Upper Serangoon Roadway has actually been delayed by The Real estate and also Advancement Board (HDB) on Thursday on 29 December 2016 to permit the site needs for thorough advancement to be settled.
It is anticipated to increase for tender by the end of the initial quarter following year. The upcoming Upper Serangoon Road blended growth site is anticipated to attract an eager rate of interest from designers offered its eye-catching area as well as prospective need from potential residence customers, as seen in the frustrating reaction for the Build-to-Order HDB apartments launched in Bidadari. Consequently, getting passion is certainly anticipated to be solid from house customers for exclusive houses in Bidadari too.
The land parcel along Upper Serangoon Road’s site lies right beside Sengkang MRT Station and also is the initial sale site at Parc Britannia sg, a brand-new public housing estate visualized to be a “neighborhood in a yard”, with lavish plant and also car-lite functions. The site, which could generate 825 exclusive houses as well as 15,000 sqm of business room, was because of being offered in Dec 2016 available for sale via a public tender in.
December under the verified listing of the 2nd fifty percent 2016 Government Land Sales (GLS) Programme, today it appears this has actually been held off up until very early 2017. It was specified then that the developer would certainly need to construct concerning 8,200 sqm of gross flooring location in the growth for “incorporated neighborhood and also institutional usages” and also a cap on the gross flooring location of the retail area at 15,000 sqm.