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|
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.
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.
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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Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
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