News: Anchorvale Crescent executive condo site launched for tender

Aug 13, 2018

Location map of the land parcel at Anchorvale Crescent. Source: HDB

An executive condominium site at Anchorvale Crescent has been put up for sale by public tender, after a developer committed to a minimum bid of $255 million, announced the Housing and Development Board (HDB) last Friday (10 Aug).

Triggered for launch on 25 July, the 17,137.3 sq m reserve list site has a gross floor area of 51,411.90 sq m and a gross plot ratio of 3.0.

More: Browse ECs for sale in Singapore

The site, which could yield 550 housing units, has a leasehold tenure of 99 years.

HDB noted that the tender for the EC site will close on 14 September.

“Any tender below the minimum price of $255 million will not be accepted,” it added.

Can you afford an Executive Condominium? Check your affordability now. 

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

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