New Project Of Mixed-use Site At Upper Serangoon

The sale by tender of a 2.55 ha combined industrial along with domestic story of land in the upcoming Bidadari housing estate along Upper Serangoon Street has in fact been delayed by The Realty as well as likewise Innovation Board (HDB) on Thursday on 29 December 2016 to allow the site needs for thorough advancement to be worked out. It is anticipated to enhance for tender by the end of the first quarter complying with year. The upcoming Upper Serangoon Road mixed development site is expected to attract anxious rate of interest from developers provided its appealing location as well as prospective need from prospective home consumers, as seen in the aggravating reaction for the Build-to-Order HDB apartments released in Bidadari. Subsequently, getting enthusiasm is absolutely anticipated to be solid from home clients for special houses in Bidadari also.

The land parcel along Upper Serangoon Road's site exists right close to Canberra MRT Terminal and likewise is the initial sale site at Parc Canberra EC, a new public housing estate envisioned to be a "neighborhood in a yard", with luxurious plant as well as additionally car-lite features. The site, which could generate 825 exclusive houses as well as 15,000 sq m of company room, was as a result of be supplied in Dec 2016 readily available offer for sale by means of a public tender in December under the verified listing of the 2nd fifty percent 2016 Government Land Sales (GLS) Programme, today it appears this has really been held back up till very early 2017. It was defined then that the developer would definitely need to construct concerning 8,200 sq m of gross flooring area in the development for "bundled area as well as also institutional uses" and likewise a cap on the gross floor covering place of retail location at 15,000 sq m.