URA has released 2 residential sites at Pine Grove for H2 2021 GLS
URA has actually simply released 2 residential websites, Parcels An and B, at Pine Grove today (30 November) under the Government Land Sales (GLS) program. Both sites are under the Book Listing, indicating they will just be installed for tender when programmers have bid for a price accepted by the government.
Situated along Ulu Pandan Road with various other condos like Riverfront Residences, both plots are next to each other as well as feature a land period of 99 years.
According to the URA room map, the website was previously residence to Nexus International School. The campus has given that moved to Aljunied in January 2020.
Notably, the land plots are close to a range of schools, including the popular Henry Park Primary School. Other schools in the location include Nan Hua High School, College of Science as well as Technology, NUS High School of Maths and Science, and Singapore Polytechnic.
In addition to that, the land stories are adjacent to apartments that had been set up for cumulative sales before.
Pine Grove condominium is at the south of the land stories. It was last released for en bloc sale in early 2019 for S$ 1.86 billion. The tender had later finished without any prospective buyers.
To the west of the land, plots are the legendary Pandan Valley, which made headings in September 2018 for putting up a document book cost of S$ 2.6 billion for its en bloc sale. This wanted the en bloc fever to die down due to cooling down actions applied in July that year.
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