News

Residential Property

Staff Reporter

, Singapore

Published:

2 years ago

249 views

Photos from URA

URA opens bids for Dairy Farm, Tengah, Bayshore sites

The three sites will offer a potential supply of 1,915 residential units.

The Urban Redevelopment Authority (URA) released three residential sites at Dairy Farm Walk, Tengah Garden Avenue, and Bayshore Road for sale under the H1 2024 Government Land Sales (GLS) Programme.

The Dairy Farm Walk and Tengah Garden Avenue sites are on sale under the Confirmed List, with the potential for 540 and 860 residential units each, contributing to a total of 5,450 units available in the 1H2024 GLS programme.

Meanwhile, the site at Bayshore Road is available for application under the Reserve List and can potentially yield 515 units. Combined with the other two sites, they offer a potential supply of 1,915 residential units.

To meet demand, the Government raised the Confirmed List supply of private housing in H1 2024 to 5,450 units, up from 4,090 units in H1 2023 and 5,160 units in H2 2023, marking the highest supply since the H2 2013 GLS Programme.

The tenders for the Dairy Farm Walk and Tengah Garden Avenue sites will close on 14 January 2025 at 12 pm.

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Urban Redevelopment Authority

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