Strong interest likely for Toa Payoh housing site
But Dundee Rd residential site could see cautious bidding given unsold inventory in the area: consultants
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Singapore
TWO more residential sites have been released for sale, with consultants expecting a high level of interest for the land parcel in Toa Payoh where new supply of private residential projects is limited. But they believe that interest for the site at Dundee Road, next to Queenstown MRT Station, could be tempered by unsold stock in the vicinity.
These 99-year-leasehold sites were launched by the Housing & Development Board under the Confirmed List of the first-half 2015 Government Land Sales programme on Wednesday. Collectively, they can yield about 1,180 residential units.
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