A residential site (pictured) at Sturdee Road off Serangoon Road is being offered for sale by the Urban Redevelopment Authority (URA) and is expected to provide developers and home buyers with more housing options.
Released under the reserve list of the 2H2013 Government Land Sales (GLS) Programme, the site is zoned residential and has a land area of around 65,783 sq ft and maximum gross floor area of 230,250 sq ft.
Offered on a 99-year lease, the site could be developed into a 30-storey condominium comprising 265 units.
Nearby amenities include Farrer Park MRT station, Mustafa Centre and City Square Mall.
Interested developers can now apply to URA for the land parcel to be put up for tender.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email email@example.com