ANG MO KIO AVE 1 GLS

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Ang Mo Kio Ave 1

Residential Development

Land Sold:  2 June 2021

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+65 6100 8108
DISTRICT
D20 - BISHAN, ANG MO KIO
UNITS
EST. 370 UNITS
PROPERTY TYPE
CONDO
TENURE
99 YEARS
LEASEHOLD

Register Your Interest for Ang Mo Kio Ave 1 Launch

The Ang Mo Kio Ave 1 GLS Land Plot was hotly contested and sold on 2 June 2021, attracting as many as 15 developer bids. 

The plot is located within an established residential estate. With the upcoming Mayflower MRT Station located nearby, future residents will enjoy easy access via public transport to the city centre and various parts of Singapore.
Near Upcoming TEL Mayflower MRT Station
Near Good Schools
Land Sold: 2 June 2021
Public Launch: Est. Q3/Q4 2022

Register Your Interest Today!

By submitting this form, you agree to be contacted by our appointed sales team and associates.

Land Parcel at Ang Mo Kio Ave 1 : List of Tenderers

ALLOWABLE DEVELOPMENT: Residential
SITE AREA: 12,679.4 m²
MAXIMUM PERMISSIBLE GFA: 31,699 m²
DATE OF LAUNCH: 26 NOVEMBER 2020
DATE TENDER CLOSED: 25 MAY 2021
LEASE PERIOD: 99 Years

RANKINGNAME OF TENDERERTENDERED SALE PRICE ($)TENDERED SALE PRICE IN $PSM OF GFA
1United Venture Development (2021) Pte. Ltd.381,381,000.0012,031.33
2Titus Residential SG Pte. Ltd.358,888,000.0011,321.75
3Far East Civil Engineering (Pte.) Limited, Fortune Harmony Limited and Sekisui House, Ltd.353,333,333.0011,146.51
4Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Oriental Worldwide Investments Inc335,900,000.0010,596.55
5GLL C Pte. Ltd.334,802,225.0010,561.92
6CEL Development Pte. Ltd., Sing-Haiyi Treasure Pte. Ltd. and Chuan Investments Pte. Ltd.331,888,888.0010,470.01
7Winrich Investment Pte. Ltd.328,688,888.0010,369.06
8Siong Feng Development Pte Ltd and Ultra Infinity Pte Ltd325,888,889.0010,280.73
9Grand Cullinan Pte. Ltd.325,188,188.0010,258.63
10EL Development Pte Ltd315,800,000.009,962.46
11Intrepid Investments Pte. Ltd., Garden Estates (Pte.) Limited and TID Residential Pte. Ltd.314,500,000.009,921.45
12Sing Holdings Residential Pte. Ltd. and Cedar Investments Pte. Ltd.307,500,000.009,700.62
13Sim Lian Land Pte Ltd305,100,000.009,624.91
14SL Capital (7) Pte. Ltd.303,999,000.009,590.18
15Japura Development Pte Ltd248,535,000.007,840.47

Award of tender for URA site at Ang Mo Kio Avenue 1

The Urban Redevelopment Authority (URA) has awarded the tender for the site at Ang Mo Kio Avenue 1 to United Venture Development (2021) Pte. Ltd.

The company submitted the highest bid in the tender for the site.

The site at Ang Mo Kio Avenue 1 was launched for tender on 26 November 2020. The tender for the site closed on 25 May 2021. The land parcel was offered for sale on 99-year lease term. 

Details of the awarded land parcel and the successful tenderer are provided below:

  • Location: Ang Mo Kio Avenue 1
  • Allowable Development: Residential
  • Site Area: 12,679.4 m2
  • Maximum Permissible Gross Floor Area (GFA): 31,699 m2
  • Successful Tenderer: United Venture Development (2021) Pte. Ltd.
  • Tendered Price ($psm of GFA): $381,381,000 ($12,031.33)

 

Reference

 

See Location on Google Maps

About Ang Mo Kio Ave 1

Sales Launch Date : 26 November 2020, Thursday
Tender Submission Date : 25 May 2021, Tuesday

Site Area : 12,679.4 m2
Maximum Gross Floor Area : 31,699 m2

Site Introduction

Good Accessibility

The land parcel is located within an established residential estate. With the upcoming Mayflower MRT Station located nearby, future residents will enjoy easy access via public transport to the city centre and various parts of Singapore.

Proximity to Schools and Recreational Amenities

Established schools such as CHIJ St Nicholas Girls’ School, Mayflower Secondary School and Eunoia Junior College are located nearby. Future residents will also enjoy proximity to recreational and educational facilities such as the Bishan-Ang Mo Kio Park and Lower Peirce Reservoir Park.

LocationAng Mo Kio Avenue 1
Site Area

12,679.4 m2

Lease Period99 years
Allowable DevelopmentResidential
Maximum Gross Floor Area31,699 m2
Maximum Building Height (1)

Low-rise zone
Maximum 4-storey

High-rize zone
103 m SHD

Project Completion Period (2)60 months

 

(1) Building height is based on Singapore Height Datum (SHD).
(2)Computed from the date of acceptance of the tender by the Authority up to date of issue of Temporary Occupation Permit for the whole of the proposed development.
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