Serangoon Ave 3 reserve list site for tending
The Singapore Urban Redevelopment Authority (URA) is calling for tenders for its reserve list site at Serangoon Avenue 3. 8 x/ X7 ~# X3 ?6 r- Z5 x
4 K5 f* {, }7 \" eThe 1.3 hectare site has been earmarked for residential development and is in a private residential estate next to the future Lorong Chuan Mass Rapid Transit station. ' s3 i( G6 M }9 L9 W n
8 I) D7 {) Q M5 c, P) ]The 99-year leasehold land parcel can generate a maximum permissible gross floor area of about 418,253 square feet.
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A site on the reserve list system is only put up for tender if a developer's indicated minimum bid price is acceptable to the government. - CNA/yb