URA launches site for minimum S$82mln

The 3.07 ha land parcel at Upper Changi Road North / Flora Drive is now for sale by public tender and has the potential to yield 390 units.

Initially made available for sale through the Reserve List system, the land parcel has been put up for tender after the Urban Redevelopment Authority received an application
from a developer who has committed to bid at least S$82 million for the site.

The land parcel has a maximum permissible gross floor area of 42,951 sqm intended for residential development.

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