2 HDB sites for sale
By Lee Jia Xin
TWO more residential sites, which can yield 805 flats, will be put up for sale on Wednesday.
They are at Pasir Ris Drive 1/ Elias Road and Sengkang Square/ Compassvale Road, said the Housing Board on Tuesday.
The 15,142 sqm land parcel at Pasir Ris is slated for 320 Executive Condominium flats, while the Sengkang site is for condominium housing.
Separately, the URA will also be releasing two residential sites at Sembawang Greenvale and Stirling Road later in September to give home buyers more housing choices.
In response to the strong demand for private housing and for land to build private residential developments, the Government has placed 18 sites on the Confirmed List and 13 sites on the Reserve List for private residential development for the second half of the year.
Together, the 31 sites from both the Confirmed and Reserve Lists of the Government Land Sales programme can generate 13,905 private residential units, which is the highest potential supply quantum in the history of the GLS Programme.
Most of these sites are located in Outside Central Region (OCR) or in locations in the Rest of Central Region (RCR) where more affordable private housing are expected to be built, and will meet the demand for mass market private housing, said the HDB.
The 15,142 sqm land parcel at Pasir Ris is slated for 320 Executive Condominium flats, while the Sengkang site is for condominium housing. -- ST PHOTO: ALPHONSUS CHERN
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