Posted: 25 August 2011 1546 hrs

SINGAPORE

The Housing and Development Board (HDB) is putting up two executive condominium (EC) sites at Pasir Ris (Pasir Ris Drive 3 / Pasir Ris Rise) and Yishun (Yishun Avenue 7 / Canberra Drive) for sale.

The higher income ceiling of $12,000 and tiered CPF housing grants announced on August 15 will apply to these two projects.

The tenders will close at noon on October 11 and October 25 for the Pasir Ris and Yishun EC sites respectively.

The two developments are estimated to yield 1,115 housing units.

In addition to these executive condominium sites, the Urban Redevelopment Authority launched two residential sites at Jalan Loyang Besar/Pasir Ris and Flora Drive under the Confirmed List of the second half of 2011 Government Land Sales programme.

The land parcel at Jalan Loyang Besar/Pasir Ris has a site area of 1.7 ha and can potentially yield 355 units.

The tender for this site will close at noon on October 4.

Meanwhile, the site at Flora Drive has an area of about 3 ha and can potentially yield about 415 housing units.

The tender for this site will close at noon on October 19.

-CNA/ls/wk