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Consultants see good interest in 'palatable' Sembawang site

Without need for big outlay, 0.7ha plot expected to draw small, mid-cap developers, with bids likely below S$50m

Published Thu, Feb 25, 2016 · 09:50 PM

Singapore

A PUBLIC tender for a 0.7-hectare residential site at Jalan Kandis in Sembawang was launched by the Urban Redevelopment Authority on Thursday.

Consultants expect the small site to generate good interest among developers, given that it would not require a huge capital outlay.

The eventual project is expected to be an affordable, entry level condominium for the suburban market.

This "confirmed list" site (meaning it is launched according to schedule, regardles…

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