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Category: Condominium

Ministry of National Development (MND) said on Thursday (Jun 1 1) that it has launched four Validated List sites and 13 Reserve List sites

Ministry of National Development (MND) said on Thursday (Jun 1 1) that it has launched four Validated List sites and 13 Reserve List sites

SINGAPORE: The Ministry of National Development (MND) mentioned that it’s found four Supported List websites and 13 Reservation List sites under the Government Land Revenue (GLS) programme for the second half of 2015.

The Confirmed List sites include three personal residential sites at Alexandra View, Clementi Avenue 1 and Siglap Road, and an Executive Condominium (EEC) website at Yio Chu Kang Road.

Collectively, the four sites will provide 2,130 private residential units, including 520 EC units, the press statement said. This is a third lower compared to the 3,020 units provided in the land sales programme, first half of the year under the and the 3,915 Queens Peak Condo units in the 2nd half of 2014.

While Reserve List websites are activated for a public bid only if a developer makes an acceptable launching offer confirmed List sites go on sale no matter interest from developers.

Additionally, there are two industrial sites at Seaside Street and Woodlands Square, and two residential and commercial sites that are assorted at Holland Road and Bukit Batok West Avenue 6.

MND said the street block will be completed by the White website and improve pedestrian connectivity in the Marina Bay office cluster that was present.

Websites on the Reservation List can give about 5,695 personal residential units and 275,580 Space in industrial space, Floor sqm Gross use. mainly for workplace MND said the supply of private housing and commercial area from the GLS programme will be sufficient to fulfill with demand for the next few years.

The quantity of acreage accessible the 2nd 2015 GLS programme is less than that which was provided in the 1st half, when there were 13 Allow List websites and six Confirmed List sites. The Verified Listing included six private residential sites, including one EC website, which may yield residential units including 490 EC units. private about 3,020