HDB unveils tender for executive condo at Sumang Walk
It can yield up to 820 residential units.
The Housing & Development Board (HDB) launched a residential site at Sumang Walk for sale by public tender today, under the Confirmed List of 2nd Half 2017 Government Land Sales (GLS) Programme.
According to a press release, the site can potentially yield about 820 residential units.
It has a site area of 27,056.4 sqm, a permissible gross floor area (GFA) of 81,169.2 sqm, and a lease period of 99 years.
A 5-year Project Completion Period (PCP) will be granted starting from the tender of this Executive Condominium site.
The tender for the land parcel at Sumang Walk will close at 12 noon on 30 January 2018.
The tender closing for this site is batched with two other residential sites at Chong Kuo Road and Handy Road, which were launched by URA in October and November 2017 respectively under the 2nd Half 2017 GLS Programme.
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