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Residential site at Lorong Lew Lian up for sale by public tender

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The Urban Redevelopment Authority (URA) has accepted an application from a developer to put the residential site at Lorong Lew Lian up for sale by public tender, based on the acceptable bid price committed.

The land parcel was available for sale on URA's Reserve List and the designer who presented the application for the site has resolved to offer in any event S$250,000,000 in the delicate for the area package.

While the base value focused on the site is uncovered, the candidate's personality stays secret after conventions of the Reserve List framework.

General society delicate for the site will be propelled by URA in the following month, with the precise dispatch date to be affirmed.

The delicate period for the area bundle will last between four to six weeks. The area zone is roughly 1.4ha, and the private site has a greatest reasonable gross floor region of 42,005 m2.

Taken from iProperty

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Guest Sunday, 19 November 2017