HDB Puts Executive Condo Site At Choa Chu Kang Avenue 5 For Sale
May 19 15
Housing & Development Board (HDB) released an executive condominium site for sale that can accommodate about 490 units. The 99-year leasehold parcel at Choa Chu Kang Avenue 5 comes under the confirmed list of the Government Land Sales (GLS) programme for the first half of 2015. The site spans 16,386 square meters and comes with a maximum gross floor area of 49,158 meters. The closing date for the tender is June 30, 2015.
THE Housing & Development Board Set to Launch More Projects in Tampines North, Punggol Matilda, and Bidadari Regions
May 27 14
THE Housing & Development Board (HDB) is set to launch more projects in Tampines North, Punggol Matilda, and Bidadari regions - the three new towns that were identified for further development under the Draft Master Plan 2013. In the second half of this year, housing projects will be launched in Tampines North and Punggol Matilda, followed by Bidadari in the second half of 2015. These follow two housing projects in Punggol Matilda - Matilda Edge and The Verandah@Matilda - which were launched in a build-to-order (BTO) exercise last September. Work on the developments for the three housing areas has started on the ground. When fully developed, they are expected to provide about 40,000 new homes for Singaporeans. In Tampines North, four new housing districts will each feature thematic housing typologies, with the first parcel to be launched - called Park West District - to deliver 1,500 homes, including 50 '3Gen' flats, which are flats designed for multi-generation families to stay under one roof. The Tampines North commercial hub, a new mixed development comprising commercial and residential uses, and integrated with a bus interchange, will also be built. At Punggol Matilda, the board plans to launch another BTO project in July this year, offering more than 1,000 units of different flat types ranging from two-room to five-room flats. A waterfront promenade with recreational features will also be built. When fully developed, Punggol Matilda will be a waterfront home - not very common for public housing - to about 28,000 residents with 8,000 flats. As for the two earlier Punggol Matilda BTO projects, close to 80% of the flats in both projects have been booked as at mid-May this year, and selection exercises are on-going for The Verandah@Matilda. Both projects are estimated to be completed in 2017. The third area, Bidadari Estate, will see the addition of a 10-hectare park and a mixed public housing and commercial development called the Market Square.