01 Jun '11, 5am

Residential Site At Upper Serangoon View Released: 12,392 sqm plot is allocated for Executive Condominium development.

The Housing and Development Board (HDB) has released a residential site located at Upper Serangoon, bounded by Upper Serangoon View and Upper Serangoon Road . The 12,392 sqm land parcel has been slated for an Executive Condominium development. It has a maximum gross floor area of about 43,372 sqm and can generate roughly 420 housing units . The site has a lease term of 99 years . This land parcel is being offered under the Reserve List System. Interested parties can submit their application and minimum offer price to HDB, after which HDB will offer the site for sale by tender. View the site map for the Upper Serangoon land parcel (PDF) . Sources: "Government Land Sales Programme - Release of EC Site At Upper Serangoon View Under The Reserve List ", HDB Press Release, 31 May 2011 "HDB to release land site for executive condo housing ", Channel NewsAsia, 31 May 2011

Full article: http://www.business.gov.sg/EN/News/20110601serangoonsite

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