{"id":116737,"date":"2020-05-29T10:30:55","date_gmt":"2020-05-29T03:30:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-kechil-link-site-launched-with-longer-tender-period\/"},"modified":"2020-05-29T11:02:52","modified_gmt":"2020-05-29T04:02:52","slug":"tanah-merah-kechil-link-site-launched-with-longer-tender-period","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-kechil-link-site-launched-with-longer-tender-period\/","title":{"rendered":"Tanah Merah Kechil Link site launched, with longer tender period"},"content":{"rendered":"


\nAnalysts say that the site is expected to get a good amount of interest, due to its locational attributes and affordable quantum.\u00a0
\nA residential with commercial at first storey site located at Tanah Merah Kechil Link has been launched for sale by public tender under the Confirmed List of the first half 2020 Government Land Sales Programme, announced the Urban Redevelopment Authority on Thursday (28 May).
\nAlso read:\u00a0Government Land Sales (GLS) Programme 101: The Secret Arsenal That You Didn\u2019t Know
\nWith an area of 8,880 sq m, the site has a maximum gross floor area of 24,864 sq m and a leasehold tenure of 99 years. It can potentially yield 265 housing units, said URA.
\nIn view of the Covid-19 situation, developers are given a longer tender period for the site at five months, closing on 29 October.<\/p>\n

URA revealed that the tender closing for the site will be batched with an executive condominium site at Yishun Avenue 9, which was launched on 30 April.
\nLee Sze Teck, Director of Research at Huttons Asia, expects the site to receive healthy interest, as it had been way back in 2016 when the last site was sold within the area.
\nHe noted that the site is currently being developed into Grandeur Park Residences, which is almost sold out.
\n\u201cFurthermore this site is considered bite-sized at around 265 units and is one of the last two sites beside Tanah Merah MRT station,\u201d he added.
\nHe expects the top bids for the site to range between $780 per sq ft per plot ratio (psf ppr) and $830 psf ppr.
\nWong Xian Yang, Associate Director of Research for Singapore and Southeast Asia at Cushman & Wakefield, also sees healthy demand for the site, citing strong locational attributes and affordable quantum.
\n\u201cThe site is situated in a strategic location and enjoys strong accessibility due to Tanah Merah MRT station and also numerous nearby amenities such as schools, a sports hall and retail malls like Bedok Mall and Changi City Point. It is also located near to Changi Business Park, the Singapore Expo and Singapore Changi Airport,\u201d he said.
\nDespite the strategic location of the site, Wong believes developers would \u201cbid cautiously due to higher construction costs and a severe economic recession as a result of Covid-19\u201d.
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Tanah Merah Kechil Link site launched, with longer tender period<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts say that the site is expected to get a good amount of interest, due...<\/p>\n","protected":false},"author":1,"featured_media":116738,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-116737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/05\/Tanah-Merah-Kechil-Link-URA.png?fit=600%2C459&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-umR","jetpack-related-posts":[{"id":117470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-launches-jalan-anak-bukit-site-for-tender\/","url_meta":{"origin":116737,"position":0},"title":"URA launches Jalan Anak Bukit site for tender,","date":"July 1, 2020","format":false,"excerpt":"\r URA envisions the site as a distinctive development and identity marker for the Beauty World precinct. Photo: URA The Urban Redevelopment Authority (URA) on Tuesday (30 June) launched a concept and price revenue tender for a commercial and residential site at Jalan Anak Bukit under the Government Land Sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subdued-interest-in-two-government-land-sales-sites\/","url_meta":{"origin":116737,"position":1},"title":"Subdued interest in two Government Land Sales sites","date":"September 5, 2018","format":false,"excerpt":"\r Aerial view of the sale site at Dairy Farm Road. (Photo: URA) Interest in two Government Land Sales sites at Dairy Farm Road and Jalan Jurong Kechil was subdued after their tender exercises closed with five and three bids respectively. This marked the first batch of GLS site tenders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-site-awarded\/","url_meta":{"origin":116737,"position":2},"title":"Tanah Merah site awarded","date":"February 29, 2016","format":false,"excerpt":"\r Map of the Tanah Merah residential site. Source: URA The Urban Redevelopment Authority (URA) on Friday (26 Feb) awarded the tender for a residential site at New Upper Changi Road\/Bedok South Avenue 3 (Parcel B) to CEL Residential Development, a subsidiary of Chip Eng Seng Corporation. Launched for sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Aerial-view-of-the-site-at-Tanah-Merah..jpg?fit=530%2C307&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jalan-anak-bukit-site-awarded-to-far-east-organization-sino-group\/","url_meta":{"origin":116737,"position":3},"title":"Jalan Anak Bukit site awarded to Far East Organization, Sino Group","date":"August 31, 2021","format":false,"excerpt":"\r Jalan Anak Bukit site awarded to Far East Organization, Sino GroupURA said the winning concept proposal \u201cis compelling in its well-considered site planning, design response to tropical climate and integration of the various uses and public spaces\u201d. The tender for a commercial and residential site at Jalan Anak Bukit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/jalan-anak-bukit-gls-2020-crop.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-plots-at-lentor-central-tampines-street-62-receive-nine-bids-each\/","url_meta":{"origin":116737,"position":4},"title":"Land plots at Lentor Central, Tampines Street 62 receive nine bids each","date":"July 23, 2021","format":false,"excerpt":"\r Land plots at Lentor Central, Tampines Street 62 receive nine bids eachA unit of Guocoland submitted the highest bid for the Lentor Central site at $784 million, which works out to a land rate of $1,204.47 psf ppr, while\u00a0a joint venture between Qingjian Realty and Santarli Construction submitted the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/lentor-site-gls-h12021-crop.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":110335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jalan-bunga-rampai-residential-site-launched-for-tender\/","url_meta":{"origin":116737,"position":5},"title":"Jalan Bunga Rampai residential site launched for tender","date":"August 30, 2019","format":false,"excerpt":"\r With an area of 4,666.6 sq m, the confirmed list site has a maximum gross floor area of 9,800 sq m and a lease period of 99 years. 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