HDB Launches Sale of Site at Punggol Field / Punggol Road

Date issued : 05 May 2010

The Housing & Development Board (HDB) is launching the residential site at Punggol Field / Punggol Road (Punggol E4) for sale by public tender today. Tender will close at 12 noon on 15 Jun 2010 (Tue).

HDB announced on 13 Apr 2010 that these 2 land parcels have been successfully triggered from the Reserve List for public tender. Punggol E4 is designated for Executive Condominium housing development. More information on these land parcels are also available on HDB's website.


Punggol E4
Location Punggol Field / Punggol Road (PDF 1258KB)
Proposed DevelopmentExecutive Condominium Housing
Site Area22,497.3 sq m
Permissible GFA [GPR]67,491.9 sq m [3.0]
Estimated No. of Dwelling Units615
Project Completion Period48 Months from the date of acceptance of tender
Lease Term99 years
Minimum Offer Price$147,700,000


Enquiries

Tender packets can be purchased at $105 each (inclusive of GST) from HDB's Procurement Office at Basement 1, HDB Hub, 480 Lorong 6 Toa Payoh. Prospective tenderers can e-mail hdblandsales@hdb.gov.sg, fax to 64903005 or call Land Sales & Lease Admin Unit at 64903037 on weekdays from 8 am to 5 pm.

For enquiries on eligibility for purchase of EC units, the public can e-mail hdbsales@hdb.gov.sg, or call HDB Sales/Resale Customer Service Line at 1800-8663066 on weekdays from 8am to 5pm.


Potential Supply from First Half 2010 Government Land Sales (GLS) Programme

Punggol E4 is 1 of 8 sites with a combined yield of 3,345 dwelling units that have been successfully triggered from the Reserve List for tender. There are another 10 sites which can potentially yield 4,280 dwelling units still available for sale. Details of these 18 sites yielding a total of 7,625 dwelling units are shown in Annex 1 (PDF 48KB).

Together with the 2,925 dwelling units in the Confirmed List that are tendered or being put up for tender, the total potential supply quantum of 10,550 dwelling units for the 1H2010 GLS Programme is the highest since the Reserve List / Confirmed List system started in 2H2001. The Government will continue to monitor the property market closely and make available sufficient supply in the market to meet the demand for home buyers. If necessary, more supply can be injected via the 2H2010 GLS Programme.

0 comments :

Copyright © 2008 - Punggol Plus! - is proudly powered by Blogger
Blogger Template