A residential site at Jalan Kandis in Sembawang was found for sale by public bid this morning (25 Feb) by the Urban Redevelopment Authority (URA).
Located within an established residential area, the site is next to Sembawang Park, and within proximity to the Sun Plaza shopping mall as well as recognized schools.
Earlier reports had suggested that developers’ bids for this particular website will likely be a good deal lower than other prime sites closer to the city. The nearby Brownstone executive condominium (EC) site at Canberra Drive was given to CDL for $226 million in January 2014. Launching soon also the Parc Life EC!
The bid for the land tract at Jalan Kandis will close on 7 said the URA.