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SG Five residential sites released for sale this month

Property Here - Monday, December 16, 2013

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To provide developers and buyers with more housing options, the government is releasing five residential sites for sale in December which could yield about 3,000 units.

The sites are being released under the 2H2013 Government Land Sales (GLS) Programme. 

The one at Geylang East Avenue 1 (pictured) had been triggered for sale through the reserve list when a developer committed to bid at least S$95 million for the site in the public tender. It was launched for sale on Monday. 

The land parcel is located close to Aljunied MRT station as well as neighbourhood schools. 

The remaining four sites come under the confirmed list and include a site at Yishun Avenue 9 and two executive condominium (EC)plots at Choa Chu Kang Grove that were also launched for sale on Monday, while a land parcel at Sims Drive will be put up for sale on 30 December.