HDB Launches Mixed Use Site for Sale in Tampines Street 94

HDB Launches Mixed-Use Site for Sale in Tampines Street 94

The Housing Development Board (HDB) has announced the sale of a prime mixed-use site in Tampines Street 94, open for tender starting June 27. This plot, part of the first half of the 2024 Government Land Sales (GLS) programme, offers a fantastic opportunity for both commercial and residential development.

This 99-year leasehold site is strategically located near Tampines West MRT station on the Downtown Line, making it highly accessible. With a site area of 23,512 square meters and a maximum gross floor area of 61,837 square meters, it has the potential to accommodate about 585 residential units, alongside commercial spaces.

The tender for this site will close at noon on September 19. Unlike reserve list sites, which are only launched when a developer expresses interest, confirmed list sites like this one are released according to a predetermined schedule, ensuring consistent opportunities for development regardless of immediate demand.

This launch is expected to attract significant interest due to its prime location and the balance of residential and commercial potential, contributing to the vibrancy of the Tampines area.

The launch of the mixed-use site in Tampines Street 94 complements a series of exciting new projects along the Downtown Line, such as the luxurious residences at The Botany at Dairy Farm, The Myst, Watten House, Bukit Timah Collection and the vibrant commercial-residential development at The Reserve Residences. These projects, along with others like Midtown Modern and The M, underscore the growth and modernization along the Downtown Line, enhancing connectivity and convenience for residents and businesses alike.

The Business Times

Exciting New Land Sites Unveiled for Residential DevelopmentUp to 20000 homes planned for Turf City including first Bukit Timah HDB flats in almost 40 years 1Thomson View Condominium up for collective saleThomson View Condo Back on Market with Unchanged S$918 Million Reserve Price