HDB has put a manager apartment (EC) web site at Canberra Hyperlink in Sembawang up for purchase through social tender. The 99-year leasehold site is the only EC tract of 5 confirmed list internet sites under the first half-2019 authorities property purchases (GLS) program. The Canberra Hyperlink parcel, which spans 179,651 square foot, may give around 385 non commercial systems. It possesses a maximum disgusting floor place of 413,194 sq ft and a max structure height of forty five to 55 metres.
Nominated website: Parc Canberra floor plan
The tender for the parcel will definitely shut at 12 twelve noon on July 3. It is actually the second EC site released in the location. The previous tender, which enclosed September in 2014, was actually fiercely contested along with Hoi Hup Realty as well as Sunway Advancement defeating 8 other bidders along with their offer of $271 thousand, or $558.22 psf every plot proportion (ppr). The site can generate up to 495 systems.
Lee Sze Teck, head of investigation at Huttons determines prices for the present Canberra Link EC site to be in between $520 and also $570 psf ppr based upon the earlier cost paid for the previous tender.
Within proximity is actually the upcoming Bukit Canberra, a 12ha incorporated sport as well as community center. When finished in 1H2020, it will definitely comprise a polyclinic, a senior care center, a sports facility and also a hawker centre in a park-like setting.
“Well-balanced demand for the present Canberra Web link EC site will certainly be actually derived by its own fairly attractive location sandwiched in between pair of MRT stations, such as the existing Sembawang MRT station and also the Canberra MRT terminal, which is actually slated to open due to the edge of 2019,” states Tay Huey Ying, JLL’s head of research study as well as working as a consultant, Singapore.