Reserve Sales Site At Sengkang Central Is Now Open For Application

The Singapore Land Authority (SLA) is pleased to invite interested parties to submit a bid for the reserve site at Sengkang Central/ Buangkok Drive.

Under the government's reserve list system, a site in the reserve list would be put up for tender if an applicant's indicated minimum bid price in his application is acceptable to the government.

SLA has also appointed CKS Property Consultants Pte Ltd as its consultant to advise on the sale preparation works. This is one way to tap more private sector expertise and participation in Government Land Sales. SLA, as the custodian of State land, will continue to appoint Government land sales agents like URA, HDB, JTC and STB to conduct future land sales. SLA is open to involving a mix of both public and private sector agencies so that Government land sales can be carried out in such a manner to achieve the optimal outcome for the State.

The site at Sengkang Central/Buangkok Drive has a gross plot ratio of 3.0 and a land area of 21,985.3 sq m, of which the successful tenderer can potentially build up to 65,955.9 sq m of residential floor area.

The 99-year leasehold site is marketed as "Sengkang Central : The Heart of Idyllic Living". It is close to amenities such as Compass Point, Rivervale Mall, Rivervale Plaza and Hougang Green Shopping Mall. It is only minutes away from the TPE, CTE and PIE as well as the MRT and LRT stations. Familiar schools like Nan Chiau Primary and High School, CHIJ St Joseph's Convent School and Montfort Junior and Secondary School and recreational facilities are also conveniently located nearby. The full site details are available from www.sla.gov.sg or http://www.cks.com.sg/. A site map is attached for your reference.

SLA was also previously involved in the sale of a GLS site at Jalan Bukit Ho Swee. It was released on the reserve list in Nov 2002 and the tender was awarded to MCL Land Limited in Mar 2003.

Issued by:
Singapore Land Authority
14 June 2004