The Urban Redevelopment Authority (URA) launched a residential site for sale by public tender today.

The land parcel, which is located at Tampines Avenue 1/ Avenue 10, has a site area of about 3.2 ha. It will have a maximum permissible gross floor area of 66,655 sqm and can potentially yield about 600 housing units.

The site - which fronts the scenic Bedok Reservoir - is easily accessible via major roads such as the Pan-Island Expressway and Tampines Expressway. Schools nearby include emasek Polytechnic, ITE College Central (Tampines) and St. Hilda's Primary and Secondary School. It is also located near malls like Tampines Mall and Century Square.

Developer's Packets containing details of the site, development requirements and conditions of tender are available at $105 each (inclusive of GST). These can be purchased from the Customer Service Counter on the 1st Storey of The URA Centre, 45 Maxwell Road, Singapore 069118 or purchased via URA-Online.

A tender period of six weeks will be allowed for the residential site at Tampines Avenue 1 / Avenue 10. The tender will close at 12 noon on 16 March 2010. Selection of the successful tenderer will be based on the tendered land price only.

This is the fourth residential site to be launched for sale under the Confirmed List of the Government Land Sales (GLS) Programme for the first half of 2010 (1H2010). The Government is committed to releasing residential sites for sale on the Confirmed List every month over the next three months till April 2010.