The Housing and Development Board (HDB) has sold a residential site in Sembawang Avenue as part of Government Land Sales (GLS) in the 4th quarter of 2014. This land parcel is set in North Region of Singapore, bounded by Canberra Drive, Canberra Link and...
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The Housing and Development Board (HDB) has sold a residential site in Sembawang Avenue as part of Government Land Sales (GLS) in the 4th quarter of 2014. This land parcel is set in North Region of Singapore, bounded by Canberra Drive, Canberra Link and Sembawang Road, is listed under the confirmed list of sites and is allocated to be developed into an Executive Condo EC site. With a plot land size of 309,420 square feet and a plot ratio of 2.1, new Canberra Link EC is estimated to house 605 housing units.
The 309,420 square feet site is awarded to QingJian Realty Pte Ltd at a bid of $229.377 million or $xxx psf ppr with an extimated break-even price of $xxx psf.
New Canberra Link EC is opposite of Canberra Residences along Canberra Drive and also opposite of the former Admiral House which is located along Sembawang Road, and is reserved to be developed for future sports and recreation developments. Other developments that are nearby New EC include The Nautical, Springhill, Yishu
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