Updated: 12/16/2013 20:20

Five residential sites to be launched for sale in December



Five residential sites to be launched for sale in December

The Housing & Development Board and the Urban Redevelopment Authority will be releasing five residential sites for sale this month. 

HDB says these can yield about 3,000 residential units. 

The sale of four of the sites was launched today. 

They are in Geylang East Avenue 1, Yishun Avenue 9, and two Executive Condominium sites at Choa Chu Kang Grove. 

HDB adds that the residential site at Geylang East Avenue 1 was triggered for sale through the Reserve List system when a developer committed to bid at least $95 million for the land parcel in the public tender. 

The sale of the fifth site which is at Sims Drive, will be launched on 30 December.

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