URA launches three sites under the H2 2021 Government Land Sales (GLS) 

URA announced on Thursday 30 September that they have launched residential sites at Jalan Tembusu and Lentor Hills Road (Parcels A and B) for sale. All three sites have a lease period of 99 years.

Location Jalan Tembusu Lentor Hills Road (Parcel A) Lentor Hills Road (Parcel B)
Site area 19,567.4 m2 17,136.9 m2 10,821.9 m2
Maximum gross floor area (GFA) 54,789 m2 51,411 m2  22,726 m2
Maximum building height 70m to 75m SHD Low-rise zone: 8 storeys Low-rise zone: 8 storeys
Mid-rise zone: 16 storeys High-rise zone: 19 storeys
High-rise zone: 23 storeys Technical height: 120m SHD(2)
Technical height: 110m SHD
Estimated number of housing units 640 units 595 units 265 units

Source: URA

The Jalan Tembusu and Lentor Hills Road (Parcel A) sites are under the H2 2021 Confirmed List, while the Lentor Hills Road (Parcel B) site is under the Reserve List. While developers can apply for it, the government will only release it for sale when they receive an acceptable bidding price.

The tender for the Jalan Tembusu and Lentor Hills Road (Parcel A) land parcels will close on 18 January 2022 12pm.

We noted in our H2 2021 GLS sites analysis earlier that the Jalan Tembusu site was previously in the Reserve List for the H1 2021 GLS for two weeks, before being shifted to the H2 2021 GLS.

The main highlight of the site is its location in Tanjong Katong, with proximity to a number of popular schools, good food and East Coast Park.

Map of Jalan Tembusu site
Map of Jalan Tembusu site. Source: URA

You can read more about our analysis of the site here

As for both the Lentor Hills Road sites, they’re located a little north in Yio Chu Kang. The main highlight of both sites is their proximity to the Lentor MRT and popular schools such as CHIJ St Nicholas Girls’ School.

Lentor Hills Road Parcels A and B
Map of Lentor Hills Road Parcels A and B. Source: URA

You can read more about our analysis of Parcel A here. Parcel B is located just across the street.

Which site do you think will draw the most bids? Let us know in the comments section below or on our Facebook post. 

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The post URA launches three sites under the H2 2021 Government Land Sales (GLS)  appeared first on 99.co.

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