Update
This morning, PropertyGuru broke the news that the URA and HDB would be releasing four residential sites this month (4 residential sites go on sale).
Altogether, the sites can yield approximately 1,900 units, adding to the 13,825 units released under the Government Land Sales (GLS) programme this year.
Today, a residential site at Alexandra Road was launched for sale through a public tender under the confirmed list of the H2 2011 GLS programme.
With a leasehold period of 99 years, the land parcel has a total area of 9,952.6 sq m and a maximum gross floor area (GFA) of 48,768 sq m. It can be developed into condominium / flats / serviced apartments that can potentially yield about 545 housing units.
Located within an established residential estate in the central region, the site enjoys convenient access to all parts of the island through the nearby Redhill MRT station.
The URA noted that the tender for the Alexandra Road site will close on 6 December 2011.
Meanwhile, three other residential sites that can potentially produce another 1,345 housing units will be launched for sale on 27 October.
Two of the sites at Chestnut Avenue/Almond Avenue and Punggol Central/Punggol Plains will be launched for sale through the confirmed list while another Executive Condominium (EC) site at Fernvale Lane will be made available on the reserve list.
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