Following the well-received land sale at Tampines St 62 Parcel A, this land plot at Parcel B is the next EC to launch in the up and coming Tampines North area.
Parcel B offers a significant advantage that is not shared by most other ECs in the market today - it is located right beside an MRT Station - the future Tampines North Cross Island Line.
This project is expected to be in high demand!
These form part of the increased supply of housing under the Government Land Sales Programme for 1H2023 to cater to demand
The two Confirmed List sites will yield a total of 1,540 residential units, with more launching in the coming months
The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two sites at Jalan Tembusu and Tampines Street 62 (Parcel B) for sale today under the first half 2023 (1H2023) Government Land Sales (GLS) Programme.
The URA site at Jalan Tembusu and HDB Executive Condominium site at Tampines Street 62 (Parcel B) are launched for sale under the Confirmed List. Together, these two sites can yield about 1,540 residential units. These form part of the 4,090 residential units1 to be made available via the Confirmed List of the 1H2023 GLS programme, which represents a 17% increase from the 3,505 units made available in 2H2022.
To encourage the adoption of innovative construction technologies and productive construction methods, the modified concept and price revenue tender approach2 will be used for the tender of the Executive Condominium site at Tampines Street 62 (Parcel B).
1 The total supply of 4,090 residential units will bring the total pipeline supply of private housing (including ECs) to about 61,000 units, comprising 51,700 units with planning approval and 9,300 units from GLS sites and awarded en-bloc sites that have not been granted planning approval yet.
2 Tenderers have the option to submit an alternative bid on top of a base Prefabricated Prefinished Volumetric Construction (PPVC) bid. The alternative bid may be of a non-PPVC technology or a hybrid of technologies which could yield the specified productivity improvement. PPVC bids will automatically qualify for the tender evaluation, while any alternative bid will need to be accompanied by a write-up to demonstrate the feasibility of proposal.
THE Urban Redevelopment Authority (URA) and Housing and Development Board (HDB) on Tuesday (Mar 14) released two residential land plots for sale. Both sites fall under the confirmed list in the first half 2023 government land sales programme.
One plot is located at Jalan Tembusu near the Tanjong Katong area, while the other is an executive condominium (EC) site at Tampines Street 62. Together, they may yield around 1,540 residential units, URA and HDB said in a press statement.
Developers will likely exercise more caution when bidding for the Jalan Tembusu plot, noted property analysts from PropNex and JLL.
The tender for both parcels will close at 12 pm on Jul 18.
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 Tampines St 62 Parcel B, placed under the Reserve List.
Tampines North is the next up and coming residential estate, in addition to 2 EC land plots being announced (Tampines St 62 Parcel A , Tampines St 62 Parcel B), the government on 7 June 2022 announced a 5.07ha mixed-use mega site at Tampines Ave 11.
This new site can potentially yield 1,190 residential units and 14,000 sq m of commercial space, and the site will become a significant development in the Tampines North area.
Read more about these Projects:
Land Pending Sale to Developer
Residential Units : Est 1,190
Commercial Space: 14,000 sqm
Land Sold : August 2021
Developer : Qingjian & Santarli
Residential Units : Est 590
Public Launch : Est Q4 2022
Land Pending Sale to Developer
Residential Units : Est 700
Taken May 2022 : Tampines St 62 Parcel B land plot still for sale
Taken May 2022: Bus interchange at Tampines North still in progress
Taken May 2022: HDB BTO at Tampines North construction in progress
Location: Tampines Street 62 (Parcel B)
Proposed Development: Executive Condominium
Land Area: 28,000.2 sqm
Maximum Gross Floor Area: 70,001 sqm
Minimum Gross Floor Area: 63,001 sqm
Project Completion Period: 60 months from the date of acceptance of tender
Lease Term: 99 years
The Land Parcel at Tampines Street 62 (Parcel B) (“the Land”) with a site area of 28,000.2 sqm shall be for Executive Condominium Housing Development (“the development”). The site area is the area measured up to the boundary lines as shown on the Certified Plan No. 91211.
Executive Condominiums are non-landed housing developments that typically come with
generous provision of communal and recreational facilities for the enjoyment of the residents.
ALLOWABLE GROSS FLOOR AREA (GFA)
The total GFA for the development shall not exceed 70,001 sqm but shall not be less than 63,001sqm. Based on the site area of 28,000.2 sqm, the permissible Gross Plot Ratio (GPR) should not exceed 2.5*. The total GFA shall be computed in accordance with the Urban Redevelopment Authority’s (URA’s) Development Control Guidelines.
The Successful Tenderer shall provide parking lots for the development in accordance with the full physical parking requirements of the prevailing Parking Places (Provision of Parking Places and Parking Lots) Rules. Basement carparks shall have a setback from the boundaries according to URA’s guidelines.
The design of the parking place shall include adequate spaces for vehicles to carry out furniture delivery or house-moving activities. The Successful Tenderer is strongly encouraged to provide parking lots for motorcycles within the layout of the carpark.
LOCATION OF BIN CENTRE
The bin centre shall be sensitively located within the Land such that it does not become a nuisance to residents in the surrounding developments. The entrance of the bin centre shall face inwards within the development.
The Successful Tenderer shall ensure that the bin centre and its entrance area, including any
parking space for refuse trucks, are located away from any adjacent landed housing estate (if any).
The service driveway for the bin centre is to be integrated within the Land and the length of the service driveway must be able to accommodate all service vehicles.
Lush planting and / or screening shall be provided to screen the bin centre and service areas from view of the residents in the adjacent landed houses (if any), and users of the surrounding public roads and walkways.
ELECTRIC VEHICLES (EV) CHARGING INFRASTRUCTURE PROVISION
LTA requires the Successful Tenderer to comply with the following requirements: