Two new sites – in Sengkang and Tampines – are available for executive condominium (EC) projects.
The Housing Board (HDB) has launched the first plot of land in Fernvale Lane in Sengkang for sale by public tender, to interested developers.
The second site in Tampines Street 62 has also been released for application, but under the reserve list. This means that it will be put up for tender only if developers are interested.
HDB said yesterday that both sites could potentially yield up to 1,100 residential units.
The Fernvale Lane site is 17,129.9 sq m, with a maximum permissible gross floor area of 47,964 sq m and a maximum building height of 56m above mean sea level. It is estimated to yield about 480 homes.
The Tampines site is larger, at 23,799.2 sq m, with a maximum permissible gross floor area of 59,498 sq m and a maximum building height of 64m above mean sea level. If there is enough interest from developers to proceed, home buyers can expect 595 units to be available when the project is completed.
Both sites have a lease period of 99 years each.
Continue to read HDB launches two EC sites in Sengkang, Tampines
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