SLA To Launch Public Tender For Reserve Site At Sengkang Central In 2 Weeks

The Singapore Land Authority (SLA) has received a successful application to put up for public tender the reserve site at Sengkang Central/ Buangkok Drive.

The applicant has given his written undertaking to take part in the public tender and to submit a bid of not less than $85,000,000. The identity of the applicant cannot be disclosed in accordance with the procedures laid down in the reserve list system.

Accordingly, SLA will proceed to launch the public tender for the site in 2 weeks' time. The actual date will be announced later. Tender participants will be given 4 weeks to submit their bids.

The land parcel at Sengkang Central/ Buangkok Drive has a gross plot ratio of 3.0 and a land area of 21,985.3 sq m, on which the successful tenderer can potentially build up to 65,955.9 sq m of residential floor area.

More details of this land parcel and the reserve list system are available here

Issued by:
Singapore Land Authority
3 December 2004