This Jalan Tembusu land plot is the second land plot to be launched under the GLS programme along the same road.
The first Jalan Tembusu GLS land plot, located beside Haig Court, was awarded to CDL in Jan 2022, at a land cost of $1,302 psf ppr, and can yield 645 units.
This is the second land plot in the same area, announced on 7 June 2022 as part of the 2H 2022 GLS programme, beside the Canadian International School.
This new plot can yield 825 units and is now on the Reserve List.
THREE residential sites have been released for sale under the Government Land Sales (GLS) Programme.
Launched by the Urban Redevelopment Authority (URA), the Jalan Tembusu site is the largest of the three, with an area of 20,572.1 square metres (sq m) and a maximum gross floor area (GFA) of 72,003 sq m. It could yield about 825 units, based on a maximum height of between 80 and 85 m.
The Government today announced the Government Land Sales (GLS) Programme for the second half of 2022 (2H2022), which comprises six Confirmed List sites and eight Reserve List sites. These sites can yield about 7,310 private residential units, 94,750 sqm gross floor area (GFA) of commercial space and 530 hotel rooms.
The list includes the land plot at Jalan Tembusu, which is the second land plot of the same name, can yield 825 units and will be made available for application in Nov 2022.
There are a total of 2 residential GLS land plots in Jalan Tembusu, both named "Jalan Tembusu" by URA.
The first residential land plot is beside an existing condo Haig Court.
This plot can yield 645 residential units, and was sold to CDL in Jan 2022 at a land cost of $1,302 psf ppr, and is expected to TOP in 2027.
The second residential land plot released by URA, also called Jalan Tembusu, is across the road from where the earlier plot was announced and is beside the Canadian International School.
This land plot was announced on the 7 June 2022, as part of the Government's 2H 2022 GLS land sites.
This site can yield 825 residential units and is now on the Reserve List.