Three residential sites up for sale

The Urban Redevelopment Authority has released residential sites at Boon Lay Way, Simei Street 3 and Stirling Road for sale, with potential yield of about 1,180 housing units.

The land parcel at Boon Lay Way, launched for sale under the Confirmed List of the first half 2010 Government Land Sales Programme, has a site area of about 1.61 ha. It can potentially yield about 525 residential units and has a maximum permissible gross floor area (GFA) of 56,411 sqm.

According to URA, "The site is located in close proximity to Jurong Gateway, which is envisaged to be the largest commercial hub outside the city centre, and Jurong Lake District which will be transformed into a world class leisure destination. Located next to the Lakeside Mass Rapid Transit (MRT) station, residents in the future development will enjoy convenient access to all parts of the island."

Meanwhile the 1.18 ha land parcel at Simei Street 3, also launched under the Confirmed List, has a maximum permissible GFA of 27,124 sqm and can potentially yield about 250 housing units.

"Located in the eastern part of Singapore near the Changi Business Park and the future Singapore University of Technology and Design which will open in 2011, the future residential development can cater to the housing needs of those working in the area. The site is also conveniently located within walking distance to Simei MRT station," said URA.

The land parcel at Stirling Road, placed under the Reserve List for application for sale, has a site area of about 1.06 ha and can potentially yield about 405 housing units. URA described the site as "easily accessible via major roads and expressways such as the Ayer Rajah Expressway, Queensway and Alexandra Road." It is also near the Queenstown MRT station.

The tender for the Confirmed List site at Boon Lay Way will close at 12 noon on 4 May 2010 while that for the Simei Street 3 site will close at 12 noon on 11 May 2010. The Reserve List site however at Stirling Road will be released for sale if the criteria for the triggering of the sale are met.

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