SLA to auction 8 infill sites for residential developments

SLA to auction 8 infill sites for residential developments

 

SINGAPORE: The Singapore Land Authority (SLA) has launched another eight infill sites for residential use.

 

They will be offered through a public auction on August 21. The sites will be sold with fresh 99-year leases.

 

This will be the second time the SLA is offering such sites for public auction. In November last year, six infill sites were sold for over 30 million Singapore dollars.

 

As in the previous auction, a site within the Good Class Bungalow area is also being offered. It has a land area of about 1,400 sq m in Ridout Road, District 10.

 

Possible developments for the other sites include detached, semi-detached and terrace houses.

 

Some of the other sites are located within prime residential areas such as Holland Road and Carmichael Road. There is also a site at Upper East Coast Road, within walking distance of the popular Siglap and East Coast food haunts.

 

‘Infill’ sites are pockets of State land located in the midst of an established landed housing estate that have either been left untouched by nearby development, or are formerly used for public purposes that have since been phased out.

 

SLA‘s assistant chief executive for land operations group, Mr Simon Ong, said: “We were very encouraged by the strong response at the last auction. It attracted niche or boutique developers with expertise in building unique houses and ‘dream homes’.

 

“This time, we have identified and released more sites and offering them through public auction for wider participation. The appeal of such sites is that they can be customised to suit the buyer’s needs. This is also aligned with SLA’s mission to optimise the use of vacant State land.”

 

– CNA/ir

 

Source: Channel NewsAsia

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