{"id":8225,"date":"2016-02-29T08:30:28","date_gmt":"2016-02-29T01:30:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-site-awarded\/"},"modified":"2016-03-16T21:08:57","modified_gmt":"2016-03-16T14:08:57","slug":"tanah-merah-site-awarded","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-site-awarded\/","title":{"rendered":"Tanah Merah site awarded"},"content":{"rendered":"


\nMap of the Tanah Merah residential site. Source: URA
\nThe 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.
\nLaunched for sale on 20 January, the property developer had offered the highest bid of $419.38 million for the 2.4ha site. This translates to about $761 psf on the gross floor area.
\nThe tender for the land parcel closed last Tuesday (23 Feb) after attracting eight bids.
\nLocated within an established private housing estate, the site is close to Tanah Merah MRT station, Changi Business Park and the Singapore University of Technology and Design.
\nThe 99-year leasehold site is expected to yield about 570 condominium units, said the URA.
\n\u00a0
\nAerial view of the site at Tanah Merah. (Photo: 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…Tanah Merah site awarded<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Map of the Tanah Merah residential site. Source: URA The Urban Redevelopment Authority (URA) on...<\/p>\n","protected":false},"author":1,"featured_media":8226,"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-8225","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\/2016\/02\/Aerial-view-of-the-site-at-Tanah-Merah..jpg?fit=530%2C307&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-28F","jetpack-related-posts":[{"id":116737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-kechil-link-site-launched-with-longer-tender-period\/","url_meta":{"origin":8225,"position":0},"title":"Tanah Merah Kechil Link site launched, with longer tender period","date":"May 29, 2020","format":false,"excerpt":"\r Analysts say that the site is expected to get a good amount of interest, due to its locational attributes and affordable quantum.\u00a0 A 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/05\/Tanah-Merah-Kechil-Link-URA.png?fit=600%2C459&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":110901,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/changi-region-to-have-new-roads-and-cycling-paths\/","url_meta":{"origin":8225,"position":1},"title":"Changi region to have new roads and cycling paths","date":"September 19, 2019","format":false,"excerpt":"\r For the Changi Northern Corridor, a three km-cycling path covering Nicoll Drive, Aviation Park Road, Telok Paku Road, Changi Coast Road and Loyang Avenue will be constructed. 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Some sites to watch out for are: 1) Siglap Road The 1.93ha site at Siglap Road was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cascadale-at-upper-changi-road-east-attempts-second-collective-sale\/","url_meta":{"origin":8225,"position":3},"title":"Cascadale at Upper Changi Road East attempts second collective sale","date":"October 2, 2019","format":false,"excerpt":"\r It has an owners\u2019 reserve price of $270 million that works out to around $1,065 per square foot (psf) per plot ratio (ppr). The 134-unit freehold residential development Cascadale, located near the Singapore Expo and the Singapore University of Technology & Design (SUTD), is attempting a collective sale for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"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":8225,"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":48113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-launches-residential-site-in-tampines\/","url_meta":{"origin":8225,"position":5},"title":"URA launches residential site in Tampines","date":"March 15, 2017","format":false,"excerpt":"\r Location map of the site at Tampines Avenue 10. 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