06 Jun '18, 1am

Latest government land sales sites expected to attract high bids

3 sites released under the confirmed and reserved lists of the Government Land Sales (GLS) programme are expected to gain heavy bidding. 99-year leasehold Dairy Farm site on GLS confirmed list On the reserve list are 2 sites on Sims Drive and Tampines Avenue 10. The most delectable of the 3 released sites, however, is a 99-year leasehold site on Dairy Farm road. This last site is expected to set a record for GLS land parcels in District 23 . It is located near the Hillview MRT station and rental opportunities are high as this is in an area popular with expatriates. The Skywoods. Picture: iProperty The last time a residential GLS site was sold here was in 2012, to a consortium led by TA Corporation. The selling price at that time was $616 psf ppr. The site was eventually developed into The Skywoods condominium . Hillion Residence. Picture: iProperty In the neighboring Hilli...

Full article: https://www.iproperty.com.sg/news/latest-government-land-...

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