HDB has released a state land parcel located at the junction of Elias Road and Pasir Ris Drive 3 for application under the Reserve List of the GLS Programme.
The 99-year leasehold site, which can be developed into a condominium development or strata landed housing, has a land area of 23,351 sq m.
With a maximum gross floor area of 32,691.4 sq m, the site can yield about 295 units.
Situated in Pasir Ris town, the site benefits from various amenities and facilities found nearby, including an efficient public transport network, malls, HDB shops and eating outlets, as well as educational institutions.
Developers who want to purchase the land can submit their application indicating their minimum offer price to HDB. HDB will then launch the land for sale by public tender upon acceptance of the application.