Jump to content
Find Professionals    Deals    Get Quotations   Portfolios
Sign in to follow this  

New Mixed Residential Site Launched by URA at Tanah Merah Kechil Link

Recommended Posts

The Government has launched the sale of a second residential site this year, while again giving developers more time to assess the property market under the Covid-19 situation before submitting any bids.

The land parcel in Tanah Merah Kechil Link is for a mixed residential development, with the first storey slated for commercial space. It has a site area of 8,880 sq m and a maximum gross floor area (GFA) of 24,864 sq m.

The 99-year leasehold site, which is off New Upper Changi Road, can potentially house about 265 apartments, fewer than the 310 units initially estimated when the site was first announced in December 2019.

It can also yield 2,000 sq m of commercial space that can be developed into strata-titled retail units or offices. The tender for the parcel will close at noon on Oct 29, after a longer tender period of five months, the Urban Redevelopment Authority (URA) said in a media release on Thursday (May 28).

In March last year, a site for mixed residential development was sold at Pasir Ris Central. The site is situated next to Pasir Ris MRT Station. The Pasir Ris Central mixed development known as The Ryse Residences with a site area of 38,004 sqm was sold for $700 million, or $684.50 per sq ft per plot ratio.



Share this post

Link to post
Share on other sites

Join 46,923 satisfied homeowners who used renotalk quotation service to find interior designers. Get an estimated quotation

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • advertisement_alt
  • advertisement_alt
  • advertisement_alt
Aura Sink download renotalk renovation guide