Residential sites in Hougang and Punggol up for sale

SINGAPORE - The Housing & Development Board (HDB) on Tuesday launched tenders for two residential sites - at Yio Chu Kang Road and Sumang Walk.

The Yio Chu Kang Road site, which was released for sale by public tender under the confirmed list of the Government Land Sales Programme for the second half of the year, comes with a 99-year lease period.

The 198,302.3 square foot parcel has a maximum permissible gross floor area of 555,246.3 sqft and can yield about 520 residential units.

The tender for the land parcel will close at 12pm on Feb 18.

The 99-year leasehold Sumang Walk site, under the reserve list, spans 291,232.4 sq ft. The plot has a maximum permissible gross floor area of 873,697.2 sq ft, and is able to yield about 820 housing units.