Government to release four residential sites estimated to yield - TopicsExpress

Government to release four residential sites estimated to yield 2,350 housing units To provide developers and home-buyers with more choices for private housing, the Housing & Development Board (HDB) and the Urban Redevelopment Authority (URA) will be releasing four residential sites for sale in November 2013 under the Government Land Sales (GLS) Programme for the second half of 2013 (2H2013). Together, these four sites can yield about 2,350 residential units. The first land parcel at Upper Paya Lebar Road is expected to offer 670 private home units. Two sites at Canberra Drive and Anchorvale Crescent are earmarked for executive condominium (EC) developments, and are projected to yield some 1,145 units. All three land parcels are launched for sale on Monday under the Confirmed List. The fourth site at Choa Chu Kang Drive, which is also slated for EC development, is for sale under the Reserve List. It is expected to yield 535 private home units. eric-property #PropertyElites

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