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View Full Version : URA launches residential site at Orchard Boulevard for tender



New Reporter
17-10-23, 12:50
URA launches residential site at Orchard Boulevard for tender

Oct 17, 2023

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The 99-year site, which spans 7,031.5 square metres with a gross plot ratio of 3.5, is zoned for residential use with commercial on the first storey.

SINGAPORE’S Urban Redevelopment Authority (URA) has released a site at Orchard Boulevard for sale. The confirmed list site falls under URA’s second half of 2023 government land sales (GLS) programme.

The 99-year site, which spans 7,031.5 square metres (sq m) with a gross plot ratio of 3.5, is zoned for residential use with commercial on the first storey.

It has a maximum gross floor area of 24,611 sq m – 500 sq m is expected to be for commercial use – and a maximum building height of 164 metres Singapore height datum.

The Orchard Boulevard plot is the first GLS site released in the Orchard area since May 2018. It is located beside the Orchard Boulevard MRT station on the recently-opened Thomson-East Coast Line.

URA expects the plot to house around 280 units, part of the 5,160 residential units to be made available via the H2 2023 GLS programme’s confirmed list.

“With the H2 2023 supply, the confirmed list supply of around 9,250 units for the whole of 2023 will be at its highest level in a decade,” URA said.

The tender for this site will close at 12 pm on Feb 1, 2024, which is the same as an executive condominium site at Plantation Close in Tengah, that will be launched in November 2023.

https://www.businesstimes.com.sg/property/ura-launches-residential-site-orchard-boulevard-tender