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Faber Walk private housing site up for sale
The Straits Times
|September 13, 2024
It is first GLS site in the area since Feb 2018; project has direct access to park connector
About 400 more private homes could be built in Faber Walk in Clementi as a 99-year leasehold site in the area has been launched for sale.
The nearly 2.6ha site around the size of four football fields - is the first Government Land Sales (GLS) site in Faber Walk since the award in February 2018 of a West Coast Vale site, where Whistler Grand condominium now sits.
The new private homes are among 5,050 residential units to be put up for sale under the confirmed list of the GLS programme for the second half of 2024 to meet housing demand and maintain market stability, the Urban Redevelopment Authority said on Sept 12.
Confirmed are list sites launched according to schedule regardless of demand, while sites on the reserve list are put up for tender only when a developer makes an offer acceptable to the Government.
In June, 10 new sites for residential housing were put on the confirmed list of the GLS programme for the second half of 2024, including sites in Bayshore, Chuan Grove and Lentor Gardens.
This story is from the September 13, 2024 edition of The Straits Times.
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