{"id":44257,"date":"2021-10-12T12:42:04","date_gmt":"2021-10-12T04:42:04","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=44257"},"modified":"2022-06-13T17:29:30","modified_gmt":"2022-06-13T09:29:30","slug":"ura-tender-awards-slim-barracks-rise-parcel-a-and-b-el-development-gao-xiu-hua","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/ura-tender-awards-slim-barracks-rise-parcel-a-and-b-el-development-gao-xiu-hua\/","title":{"rendered":"URA awards two GLS sites at Slim Barracks Rise"},"content":{"rendered":"
<\/div>

URA has announced on Monday 11 October that it has awarded two government land sales (GLS) sites at Slim Barracks Rise (Parcels A and B). Both are residential sites with commercial on the first storey.<\/p>\n

Parcel A was awarded to EL Development<\/a>, while Parcel B was awarded to Gao Xiuhua, who is one of the owners of Kingsford Development<\/a>. Both have submitted the top bids for the respective sites, with EL Development submitting a bidding price of S$320.1 million for Parcel A and Gao Xiuhua submitting a bidding price of S$162.388 million for Parcel B.<\/p>\n

Notably, Gao Xiuhua had the second-highest bidding price for Parcel A at S$316.1 million. Overall, both sites garnered 10 bids each.<\/p>\n

\"Slim<\/a>
Location of Slim Barracks Rise Parcels A and B. Source: URA<\/figcaption><\/figure>\n

The 99-year leasehold sites were first launched on 15 June as part of the H1 2021 GLS Programme, and closed on 28 September.<\/p>\n\n\n\n\n\n\n
Location<\/b><\/td>\nSlim Barracks Rise (Parcel A)\u00a0<\/b><\/td>\nSlim Barracks Rise (Parcel B)<\/b><\/td>\n<\/tr>\n
Site area<\/b><\/td>\n7,957.3 sqm<\/td>\n5,936.6 sqm<\/td>\n<\/tr>\n
Maximum gross floor area (GFA)<\/b><\/td>\n23,872 sqm<\/td>\n12,467 sqm<\/td>\n<\/tr>\n
Estimated number of housing units\u00a0<\/b><\/td>\n265<\/td>\n140<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Given their location in one-north and proximity to Buona Vista MRT and one-north MRT, both sites will provide more housing options for those working in the biomedical and technology hub.<\/p>\n

Would you buy a unit at one of these sites? Let us know in the comments section below or on our Facebook post<\/a>.\u00a0<\/b><\/h2>\n

If you found this article helpful, 99.co recommends URA unveils red-hot condo sites at Buona Vista for 2021<\/a> and URA launches three sites under the H2 2021 Government Land Sales (GLS)<\/a>.<\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing property portal 99.co<\/a>! If you would like to estimate the potential value of your property, check out 99.co’s Property Value Tool<\/a> for free. Meanwhile, if you have an interesting property-related story to share with us, drop us a message here<\/a> \u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"

URA has announced on Monday 11 October that it has awarded two government land sales (GLS) sites at Slim Barracks Rise (Parcels A and B). Both are residential sites with commercial on the first storey. Parcel A was awarded to EL Development, while Parcel B was awarded to Gao Xiuhua, who is one of the…<\/p>\n","protected":false},"author":111,"featured_media":44262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53653,57131,53613],"tags":[54582,54761,56747,53680],"persona":[],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"\nURA awards two GLS sites at Slim Barracks Rise - 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