Condo site in Tampines, able to yield 490 units, goes on sale

SINGAPORE - Developers are being invited to bid for a private condominium site in Tampines able to yield 490 units.

The 15,660 sq m site in Tampines Avenue 10 is not far from the United World College of South-east Asia (East campus).

The Urban Redevelopment Authority (URA) said the tender for the 99-year leasehold site will close on April 28.

The site is on the confirmed list of the Government Land Sales programme for the first half of this year, which means the site goes on the market without any requirement for initial expressions of interest.

A nearby second site is on the reserve list, which means it is triggered for tender if a developer first makes an offer deemed acceptable to the URA.