The Residential Site at the New Upper Changi Road/Bedok South Avenue 3 (Parcel B) was launched for sale by public tender through the Urban Redevelopment Authority (URA). URA further disclosed that they already acknowledged the application coming from a developer so that the site will be put up for tender in public with a bidding price of not less than $320,000,000.
Strategically located at the established estates close to Tanah Merah MRT Station, this future 99-year leasehold residential development is near to a myriad of amenities such as the East Coast Park, Changi City Point, Bedok Reservoir Park and the Simei Town Centres. Schools at close proximity include the Temasek Junior College, Anglican High School and Singapore University of Technology and Design.
The upcoming residential site is more likely to yield 570 residential units and is already up for sale on the Reserve List of the Second Half 2015 Government Land Sales Programme. It has a site area of 24,394.0 m2 that can accommodate a maximum permissible Gross Floor Area of 51,228 m2. The site is also well accessed through major transportation links such as the Pan Island Expressway, East Coast Parkway and the Tanah Merah MRT Station.