Originally Posted by
Tomutomi
With few old development having very big land size, wondering if it's feasible for consortium of potential buyers to get GOV approval to slice it into smaller plot and develop it individually.
Tampines Court, currently in bidding phase, with land size 700K sqft and plot ratio 2.8 can build up-to 2100 units of average size 900 sqft. Very challenging to sell them all in 5 years.
Imagine the same applicable for Bayshore Park or Mandarin Gardens, with 1 millions sqft land size and 2.8 plot ratio, can build close to 3000 units :O.