Qingjian Realty Developer for Tampines Street 62 EC GLS Programme
The Housing & Development Board has released a public tender for a prime EC site at Tampines Street 62. This EC plot is part of the Reserve List for the GLS programme. Bid evaluation is expected to start in July 2021. The highest bid is estimated to be $550 – S$600 psf ppr. The plot is close to town services and a Arina East Residences fully developed estate, making it ideal for executive living.
The Tampines EC site was launched for sale on 15 April. Its maximum gross floor area is 59,498 square feet, with 99-year leasehold. The highest selling price of the land at this EC site is expected to be around S$1,300 psf. Its selling price is predicted to be around S$1,250 – S$1,300 psf. In comparison, a land plot at Tengah Garden Walk EC site was listed at $603 per square foot/plot ratio.
The Tampines EC …
Continue Reading