HDB has awarded the land parcel in Yishun to Northern Resi and Northern Retail at the tender price of $185.09 million yesterday.
Located at the corner of Yishun Avenue 4 and Yishun Ring Road, the 9,759.80 sq m site has a maximum gross floor area (GFA) of 27,327.44 sq m.
The 99-year leasehold site for a proposed mixed commercial & residential development could yield 180 housing units.
The project will be near several new HDB projects as well as primary and secondary schools.
Additionally, the mixed development site is one of the first two selected Government Land Sales (GLS) sites to adopt the Prefabricated Prefinished Volumetric Construction (PPVC), an advanced technology in construction.
Image: HDB
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
