URA launches Chestnut Avenue site tender
The 18,700.1 sqm residential site can potentially yield 380 housing units.
The land parcel will have a maximum permissible gross floor area of 39,271 sqm with condominium/flats as allowable development. Serviced apartments will not be allowed.
The site is located in the western part of Singapore and is well connected to major arterial roads and expressways such as Bukit Timah Expressway (BKE), Pan Island Expressway (PIE) and Upper Bukit Timah Road.
The site is launched for sale under the Confirmed List of the 2nd half 2011 Government Land Sales Programme.