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A land site at Clementi Avenue 1 by URA has been conceded to the Corporation of Singland Homes and UOL Venture Investments by the Urban Redevelopment Authority (URA). They were confident to tender at a top price of $302, 1000,000 or $6,620.21 psm. Apparently there were 6 bidders who submitted their individual offers for the land site. The Combination of Oxley and Lian Beng landed at the second rank at a price of $276,200,888. The yielded site at Clementi Avenue 1 by URA will become a 99-year leasehold development and could maybe propose nearly 460 residential units with admissible 45,633 sqm floor area.
A line of amenities are lavishly situated at Clementi Avenue 1 by URA. These include the Clementi Swimming Complex, West Coast Plaza, Clementi Stadium, West Coast Recreation Centre and the Clementi Sports Hall. Prestigious school and universities in the area include the International Cummunity School, NUS High School of Mathematics and Science, Clementi Woods Secondary School, Nan Hua High School and the New Town Secondary School.
Clementi Avenue 1 by URA is very well-accessed through the Ayer Rajah Expressway, Clemente MRT Station and the Clementi Road. It is also near to Singapore’s Central Business District and the famed Jurong Lake.
For additional information on the Rising Projects, visit http://www.propertyreview.sg/clementi-ave-1-residential-site/
18/01/2016 3:09 pm
Clementi Avenue 1