World · Singapore Bureau
Singapore launches two private housing sites for developer bids
The Urban Redevelopment Authority has released two residential parcels for sale, with combined potential to yield over 300 units. The sites, located at East Coast Road and Serangoon North View, represent fresh opportunities for private residential development in established neighbourhoods.
LSN Singapore ·
Singapore's Urban Redevelopment Authority has unveiled two private residential sites for tender, opening fresh development opportunities in sought-after districts. The East Coast Road parcel is anticipated to yield approximately 85 units, while the larger Serangoon North View site can accommodate around 235 units. Both sites are being offered for competitive bidding from qualified developers.
The East Coast Road location taps into one of Singapore's most established residential and commercial corridors, known for its proximity to amenities and established community infrastructure. The site's smaller scale suggests a potential focus on boutique or mid-range residential development.
The Serangoon North View parcel represents a more substantial development opportunity in a growing residential district. With capacity for over 200 units, the site is expected to attract developers seeking larger-scale projects in the mature estate area.
The launch of both sites reflects Singapore's ongoing efforts to release strategically located land for private development, balancing housing supply with urban planning objectives. The tender process will determine which developers ultimately secure the sites and shape their development approach.