The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Jalan Loyang Besarfor tender on 16 May 2024.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Jalan Loyang Besar |
| Proposed Development | Executive Condominium Housing |
| Site Area | 28,405.5sq m |
| Maximum GFA | 71,014 sq m |
| Maximum Building Height | 49m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 710* |
| Lease Term | 99 years |
| Project Completion Period | 60 months from the date of acceptance of tender |
_
*_Actual number of housing units proposed by developer may vary.
_
_3 The site has been awarded to CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. at the tender price of $557,000,000on 16 August 2024. The details of the tender result can also be viewed here.