{"id":122558,"date":"2021-10-13T03:22:47","date_gmt":"2021-10-12T20:22:47","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-sites-at-slim-barracks-rise-awarded-to-el-development-gao-xiuhua\/"},"modified":"2021-10-13T11:29:08","modified_gmt":"2021-10-13T04:29:08","slug":"two-sites-at-slim-barracks-rise-awarded-to-el-development-gao-xiuhua","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-sites-at-slim-barracks-rise-awarded-to-el-development-gao-xiuhua\/","title":{"rendered":"Two sites at Slim Barracks Rise awarded to EL Development, Gao Xiuhua"},"content":{"rendered":"


\nTwo sites at Slim Barracks Rise awarded to EL Development, Gao XiuhuaParcel A at Slim Barracks Rise was awarded to EL Development for $320.1 million, while Parcel B was awarded to Gao Xiuhua for $162.4 million. Source: URA
\nThe tenders for the two sites at Slim Barracks Rise have been awarded to EL Development and Gao Xiuhua, after they submitted the highest bids for the sites, announced the Urban Redevelopment Authority (URA) on Monday (11 October).
\nEl Development submitted the top bid for Parcel A at $320.1 million or $1,246 per square foot per plot ratio (psf ppr).\u00a0
\nSpanning 7,957.3 sq m, the 99-year leasehold site has a maximum gross floor area (GFA) of 23,872 sq m. It is expected to yield 265 housing units with a retail cap of 800 sq m in GFA.
\nGao Xiu Hua, who is said to be the wife of the Chairman of Kingsford Development, tendered the top bid of $162.4 million or $1,210 psf ppr for Parcel B.
\nThe 5,936.6 sq m site comes with a maximum GFA of 12,467 sq m and 99-year leasehold tenure. It is expected to yield 140 private homes with a retail cap of 400 sq m in GFA.
\nLaunched on 15 June, the two sites received robust interest during the close of their tender on 28 September, with ten bids each.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Two sites at Slim Barracks Rise awarded to EL Development, Gao Xiuhua<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two sites at Slim Barracks Rise awarded to EL Development, Gao XiuhuaParcel A at Slim...<\/p>\n","protected":false},"author":1,"featured_media":122559,"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-122558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/slim-barracks-parcel-a.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vSK","jetpack-related-posts":[{"id":122275,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/el-development-and-gao-xiu-hua-submit-top-bids-for-slim-barracks-rise-gls-sites\/","url_meta":{"origin":122558,"position":0},"title":"El Development and Gao Xiu Hua submit top bids for Slim Barracks Rise GLS sites","date":"September 29, 2021","format":false,"excerpt":"\r El Development and Gao Xiu Hua submit top bids for Slim Barracks Rise GLS sitesTwo residential sites at Slim Barracks Rise received robust interest during the close of their tender, with each site attracting 10 bids, revealed the Urban Redevelopment Authority (URA) on Tuesday (28 September). The tender for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/slim-barracks-parcel-a.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-pine-grove-sites-released-for-sale\/","url_meta":{"origin":122558,"position":1},"title":"Two Pine Grove sites released for sale","date":"December 1, 2021","format":false,"excerpt":"\r The two Pine Grove sites can potentially yield up to 1,085 units\u00a0altogether. 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Source: URA The Urban Redevelopment Authority (URA) on Monday (21 Jan) awarded a 125,326.36 sq ft private residential site at Kampong Java Road to CELH Development, which submitted the highest bid of $418.38 million out of a total of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-awards-3-housing-sites-for-728-55m\/","url_meta":{"origin":122558,"position":3},"title":"URA awards 3 housing sites for $728.55m","date":"February 8, 2018","format":false,"excerpt":"\r The land parcel in West Coast Vale was awarded to a subsidiary of CDL for $472.4 million. (Photo: URA) The Urban Redevelopment Authority (URA) announced on Wednesday (7 February) that it has successfully sold three residential sites for a total of $728.55 million. 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