{"id":53665,"date":"2017-05-04T05:15:31","date_gmt":"2017-05-03T22:15:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-awarded-tampines-condo-site\/"},"modified":"2017-05-04T05:19:05","modified_gmt":"2017-05-03T22:19:05","slug":"cdl-awarded-tampines-condo-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-awarded-tampines-condo-site\/","title":{"rendered":"CDL awarded Tampines condo site"},"content":{"rendered":"


\nThe 99-year leasehold site is located close to the future Tampines West MRT station. Image source: URA
\nBellevue Properties, a unit of City Developments Limited (CDL), beat eight other bidders to win the tender for a residential site at Tampines Avenue 10 (Parcel C), the Urban Redevelopment Authority said yesterday.
\nThe company submitted the top bid of $370.1 million for the 99-year leasehold site, which works out to about $565 psf per plot ratio.
\nThe 2.17ha plot was launched for sale on 14 March 2017. It sits between two upcoming condominium projects, The Santorini and The Alps Residences. It is also close to the future Tampines West MRT station along the Downtown Line.
\nA CDL spokesperson had earlier said that it would look to build a 15-storey condominium of about 800 units.
\n\u201cAll units are expected to enjoy a North-South orientation and the development will also include a childcare centre on site,\u201d noted the spokesperson.
\nSource: URA
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…CDL awarded Tampines condo site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 99-year leasehold site is located close to the future Tampines West MRT station. Image...<\/p>\n","protected":false},"author":1,"featured_media":53666,"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-53665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/05\/Tampines-Avenue-10.jpg?fit=795%2C295&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dXz","jetpack-related-posts":[{"id":52924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-unit-submits-top-bid-for-tampines-site\/","url_meta":{"origin":53665,"position":0},"title":"CDL unit submits top bid for Tampines site","date":"April 26, 2017","format":false,"excerpt":"\r The top bid of $370.1 million for the 99-year leasehold site works out to about $565 psf on the land. Source: URA The tender for a 2.17ha residential site at Tampines Avenue 10 (Parcel C) closed yesterday after attracting nine bids from property developers, said the Urban Redevelopment Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/04\/Tampines-Avenue-10.jpg?fit=795%2C295&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":82847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-to-launch-861-unit-tampines-condo-next-weekend\/","url_meta":{"origin":53665,"position":1},"title":"CDL to launch 861-unit Tampines condo next weekend","date":"March 16, 2018","format":false,"excerpt":"\r Artist\u2019s impression of The Tapestry, a new project in Tampines. Source: CDL Property developer City Developments Limited (CDL) is set to launch The Tapestry along Tampines Street 86 next Saturday (24 Mar). 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The Tapestry by City Developments Limited (CDL) commenced sales on Saturday (24 Mar), while Phase 2 of Lendlease\u2019s Park Place\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-to-benefit-from-property-upcycle-calls-for-review-of-qc-policy\/","url_meta":{"origin":53665,"position":3},"title":"CDL to benefit from property upcycle, calls for review of QC policy","date":"August 11, 2017","format":false,"excerpt":"\r CDL\u2019s Kwek said the property market appears to be getting stronger, but warned of dangers such as an upward spiral in land costs and housing prices. Property giant City Developments Limited (CDL) said it is well-poised to benefit from the property upcycle after several years of subdued market conditions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-best-selling-condos-in-november-2016\/","url_meta":{"origin":53665,"position":4},"title":"5 best-selling condos in November 2016","date":"December 16, 2016","format":false,"excerpt":"\r Artist\u2019s impression of Queens Peak, the top seller in November. Two new private condominiums were launched last month \u2013 Parc Riviera and Queens Peak. Both projects sold a total of 399 units, but sales were also recorded at previously launched developments. The top-selling condos in November were: 1) Queens\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tampines-ec-site-receives-healthy-interest-with-7-bids\/","url_meta":{"origin":53665,"position":5},"title":"Tampines EC site receives healthy interest with 7 bids","date":"January 16, 2019","format":false,"excerpt":"\r Location map of the EC site at Tampines Avenue 10. Source: HDB The tender for an executive condominium (EC) site at Tampines Avenue 10 received healthy interest from developers, with seven bids received. 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