{"id":46981,"date":"2017-03-07T10:53:06","date_gmt":"2017-03-07T03:53:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-mixed-use-site-in-bidadari-estate\/"},"modified":"2017-03-07T10:59:35","modified_gmt":"2017-03-07T03:59:35","slug":"hdb-launches-mixed-use-site-in-bidadari-estate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-mixed-use-site-in-bidadari-estate\/","title":{"rendered":"HDB launches mixed-use site in Bidadari estate"},"content":{"rendered":"


\nArtist\u2019s impression of the future Bidadari estate. Image source: HDB
\nAs part of the future development of Bidadari estate, the Housing and Development Board (HDB) launched a mixed commercial and residential site at Upper Serangoon Road for sale via public tender on Monday (6 March) under the second half 2016 Government Land Sales (GLS) programme.
\nThe HDB revealed that the confirmed list site was previously scheduled to be released for sale last December, but was deferred to give the authorities more time to finalise the site requirements for a comprehensive development.
\nThe 99-year leasehold site has a total land area of around 2.55ha. Given its permissible gross floor area (GFA) of up to 89,043 sq m, the site could yield about 825 non-landed residential units.
\nMeanwhile, TODAYonline reported that up to 15,000 sqm of the GFA will be allocated for shops and F&B outlets.
\nNicholas Mak, Head of Research & Consultancy at SLP International, said the tender is expected to attract strong interest from developers due to the site\u2019s good attributes.
\nFor instance, the land parcel is fairly big and not too irregularly shaped. It is next to Woodleigh MRT station and close to the upcoming Bidadari housing estate, which is predicted to house around 60,000 people in the future. Finally, it is the estate\u2019s only mixed-use site available for sale.
\n\u201cThe future shopping centre on this site should attract a high number of residents from the Bidadari estate. It would also enjoy the first mover advantage as the first shopping centre in the Bidadari estate,\u201d Mak noted.
\nHe added that the tender could draw around eight to 16 bids, with the highest possibly ranging from $680.5 million to $719 million, which works out to $710 to $750 psf per plot ratio.
\nThe tender for the site at Upper Serangoon Road will close on 13 June.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB launches mixed-use site in Bidadari estate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of the future Bidadari estate. Image source: HDB As part of the future...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-46981","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cdL","jetpack-related-posts":[{"id":30964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-bidadari-from-graveyard-to-hot-property\/","url_meta":{"origin":46981,"position":0},"title":"Get the Guru View: Bidadari \u2014 From graveyard to hot property","date":"October 21, 2016","format":false,"excerpt":"\r Alkaff Vista, one of the new BTO projects in Bidadari. Source: HDB Despite a flurry of protests over the redevelopment of former cemetery Bidadari, plans\u00a0have continued rolling forward. Demand for the newly released BTOs currently exceed\u00a0supply, with plans for the estate\u2019s future an indication of the area\u2019s potential. by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/10\/GV10601.png?fit=527%2C318&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":57816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bidadari-mixed-use-site-attracts-1-132-billion-top-bid\/","url_meta":{"origin":46981,"position":1},"title":"Bidadari mixed-use site attracts $1.132 billion top bid","date":"June 14, 2017","format":false,"excerpt":"\r SPH and Kajima Development jointly submitted the top bid of $1.132 billion for the site at Upper Serangoon Road. (Source: HDB) The highly anticipated tender for a mixed commercial and residential site in Bidadari closed on Tuesday (13 June) after attracting 12 bullish bids from property developers, revealed the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-new-roads-in-bidadari-estate-to-partially-open-on-sunday\/","url_meta":{"origin":46981,"position":2},"title":"3 new roads in Bidadari estate to partially open on Sunday","date":"January 8, 2018","format":false,"excerpt":"\r Residents will be able to walk and cycle seamlessly via Bidadari Greenway along Bidadari Park Drive (Photo: HDB) Three new roads in Bidadari estate \u2013 Bidadari Park Drive, Alkaff Crescent and Woodleigh Link \u2013 will be partially opened on 14 January (Sunday) to serve the upcoming developments within the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upper-aljunied-road-to-be-transformed-into-bidadari-heritage-walk\/","url_meta":{"origin":46981,"position":3},"title":"Upper Aljunied Road to be transformed into Bidadari Heritage Walk","date":"March 13, 2017","format":false,"excerpt":"\r Artist\u2019s impression of the Bidadari Heritage Walk. Image source: HDB Parts of Upper Aljunied Road have been permanently closed to traffic from Sunday (12 March), in light of plans to transform it into a Heritage Walk. With the closure, a new realigned Upper Aljunied Road opened to traffic on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39251,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/launch-of-mixed-use-site-at-upper-serangoon-deferred\/","url_meta":{"origin":46981,"position":4},"title":"Launch of mixed-use site at Upper Serangoon deferred","date":"December 30, 2016","format":false,"excerpt":"\r The 2.55ha site at Upper Serangoon Road is located within the future Bidadari estate. \u00a0 The Housing and Development Board (HDB) announced on Thursday (29 December) that the launch of a 2.55ha mixed commercial and residential site at Upper Serangoon Road had been pushed back to give the authorities\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-10ha-park-to-rise-in-bidadari\/","url_meta":{"origin":46981,"position":5},"title":"New 10ha Park To Rise In Bidadari","date":"May 6, 2019","format":false,"excerpt":"\r The 10ha park is a multi-agency collaboration involving the National Parks Board, HDB, the National Heritage Board and national water agency PUB. Residents of the upcoming Bidadari estate can look forward to a rustic landscape with rolling hills, a unique rain tree \u201cisland\u201d in the middle of a lake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46981"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=46981"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46981\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=46981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=46981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=46981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}