HDB has placed a manager condo (EC) site at Canberra Link in Sembawang up for purchase by social tender. The 99-year leasehold site is the only EC plot of five affirmed checklist web sites under the 1st half-2019 authorities property sales (GLS) programme. The Canberra Web link parcel, which extends 179,651 square foot, can give around 385 residential systems. It has an optimum disgusting flooring area of 413,194 square feet as well as an optimum structure level of forty five to 55 metres.
Nominated website: Parc Canberra price
The tender for the plot will close at 12 twelve noon on July 3. It is actually the 2nd EC site launched in the place. The previous tender, which closed in September in 2013, was actually hotly contested with Hoi Hup Realty as well as Sunway Advancement vanquishing 8 other prospective buyers with their offer of $271 thousand, or $558.22 psf every area proportion (ppr). The website may produce around 495 systems.
Lee Sze Teck, scalp of research study at Huttons estimates costs for the existing Canberra Web link EC site to become between $520 and also $570 psf ppr based upon the earlier cost spent for the previous tender.
Within proximity is the upcoming Bukit Canberra, a 12ha integrated sport and also community hub. When completed in 1H2020, it is going to consist of a polyclinic, an elderly care centre, a sports center and also a hawker centre in a park-like setting.
“Healthy and balanced need for the present Canberra Hyperlink EC internet site will be underpinned by its own reasonably appealing area sandwiched between two MRT stations, namely the existing Sembawang MRT station and also the Canberra MRT station, which is slated to open up by the end of 2019,” claims Tay Huey Ying, JLL’s mind of research and working as a consultant, Singapore.