HDB launches mushy for Tampines Boulevard 62 website

An estimated 700 gadgets can also be made at the website, HDB mentioned.

The Housing & Building Board (HDB) launched the Tampines Boulevard 62 (Parcel B) website for hire underneath the Govt Land Gross sales (GLS) programme.

Zoned residential, the website has a space of 28,002 sq. meters and a most gross flooring house of 70,001 sq. meters. Most development top is at 64 meters, in step with HDB.

An estimated 700 gadgets can also be made at the website, with a hire of 99 years.

Christine Solar, senior vp for analysis and analytics at Orange Tee & Tie, famous the proximity of the website to the impending mixed-use mission at Tampines Ave 11. Tampine Ave 11 may have 14,000 sqm of business house, a bus interchange, a group membership, and a hawker centre.

The plot could also be close to the longer term Tampines North MRT Station at the upcoming Pass Island Line, Solar mentioned.

“We wait for wholesome curiosity from builders because the earlier EC mission launches offered neatly regardless of the high-interest charges and cooling measures.” Solar famous, including that as costs of latest condos proceed to climb and the fee hole between new ECs and new condos widens, eligible consumers will” proceed to select ECs which are deemed to be extra reasonably priced.

Solar expects the general worth bid to fall between S$630 to S$680 according to sq. foot (psf), while the longer term promoting worth of the EC may just vary from S$1,380 to S$1450 psf.

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