HDB launches three sites for sale

The Housing and Development Board, HDB, has launched three sites for sale by tender under the second half of the Government Land Sales or GLS Programme. Two of them are residential sites and one is a mixed commercial-residential site. The mixed development site is located at the junction of New Upper Changi Road and Bedok [...]

Tender for Punggol Field/Punggol Rd site attracts highest bid of S$223.7m

The Housing and Development Board’s (HDB) tender for a residential site at Punggol Field and Punggol Road has attracted the highest bid of S$223.7 million. This came from a joint bid by two companies – ChoiceHomes Investments and CEL Development. That translates to about S$298 per square foot per plot ratio for the reserve list [...]

M-S likely to swap land for prime plots: analysts

The Ophir-Rochor and Marina South land parcels, which may be up for redevelopment by the Singapore-Malaysian joint venture company, M-S Pte Ltd, could be worth hundreds of millions of dollars. Analysts believe that should M-S decide to open up the land to developers, it could trigger fierce bidding for prime real estate. Earlier this week, [...]

Chow House among 9 properties under liquidation sale

Nine properties belonging to three companies that are under liquidation have been put up for sale by public tender. They were made available after the High Court of Singapore ordered their owning solvent family companies – Associated Development, Chow Cho Poon and Lee Tung Company – to wind up and liquidate in 2007. The liquidator, [...]

Ophir-Rochor land parcel could be worth hundreds of millions of dollars: analysts

A land parcel at the Ophir-Rochor area, which might be up for redevelopment by the Singapore-Malaysian joint venture company, M-S, could be worth hundreds of millions of dollars. Analysts said should M-S decide to open up the land to developers, it could trigger fierce bidding for prime real estate. Choice property in the city is [...]

URA closed tender for Hougang Ave 2 site with highest bid of S$207.5m

The Hougang Avenue 2 residential site has attracted the highest bid of S$207.5 million from MCL Land at the closing of its public tender by the Urban Redevelopment Authority. The bid works out to S$456 per square foot per plot ratio. This is 9.6 per cent higher than the second highest bid of S$189.3 million [...]