The Northumberland Road site sold for $445.888 million and can potentially yield 405 housing units. Source: URA
The tender for a 99-year leasehold site at Northumberland Road has been awarded to Maximus Residential SG and Maximus Commercial SG, announced the Urban Redevelopment Authority on Wednesday (5 May).
This comes after the joint venture between CDL and MCL Land submitted the highest bid of $445.888 million, or $1,129 per sq ft.
Launched on 27 October 2020, the 8,732.9 sq m site is zoned for residential with commercial at the first storey. It has a permissible gross floor area of 36,679 sq m and could yield about 405 housing units.
The tender for the site closed on 27 April, with ten bids received.
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Cheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email: cheryl@propertyguru.com.sg
Everyone Welcome – Because everyone deserves a place to call home
At PropertyGuru, we believe your property journey should not be limited by your race, gender, sexual orientation or religion.
Yet for some renters in Singapore, the search for a home can still come with unnecessary challenges. A YouGov survey of 1,500 Singaporeans found that close to 1 in 4 have faced racial discrimination when trying to rent a property.
While we celebrate multiculturism in Singapore, unconscious biases still influence the rental experience, often putting renters, landlords and property agents alike in uncomfortable situations.
That’s why we introduced the ‘Everyone Welcome’ filter. A simple feature for a strong impact:
✅ To help renters search for homes with confidence ✅ To help landlords attract more interest from renters looking for welcoming homes ✅ To help agents more effectively match renters to landlords
*Note: The Everyone Welcome filter has already been turned on via this link.
❤️Because everyone deserves to feel at home
Though we may look, sound, or live differently, we all long for the same thing: A place to feel safe. To rest. To be ourselves.
Real voices. Honest stories. A call for more inclusion
We know words alone can’t capture what it feels like to be turned away just for being who you are. That’s why we’ve teamed up with storytellers who bring these tough moments to light with empathy, honesty, and sometimes a little humour.
🤝 “No Curry? No Kidding.” with SGAG
<Coming soon on18 June>
We dive into the subtle and not so subtle discrimination behind seemingly harmless words.
🎤 Amusical take on Inclusivity with property agent Rechard Tan
<Coming soon on 23 June>
In this lighthearted musical feature, listen in to how the Everyone Welcome filter can make a renter’s search for a welcoming home a faster and more fuss free experience.
📽️ “An agents quest for fairness in rental housing” with RICE Media
<Coming soon on 1 July>
This documentary follows a minority renter navigating repeated rejections in her search for a home. Alongside her, a property agent witnesses the real-time challenges renters can face from overt discrimination to more subtle forms of biases.
Rather than pointing fingers, this documentary takes an empathetic look at Singapore’s rental ecosystem. It explores the complex mix of personal experiences, cultural norms, and perceptions that shape rental decisions and shows how understanding, action, and allyship can move us toward a more inclusive market.
💚 Together, let’s build a more inclusive rental market
Whether you’re renting or just browsing, turn on the Everyone Welcome filter. Support inclusive listings and be part of a movement that says everyone belongs.
Elderly care is a big topic. Come next year Singapore will attain its super aged status, with 20 percent of citizens aged 65 or older. Some readers sent me questions after reading my last blog post “Overseas retirement – what you don’t know”. They are interested to know the possibilities of retiring in foreign countries.... [read more]
Retirement in a foreign country is the dream of many. It is expensive to live in Singapore. We have high inflation, high housing cost and high cost of living. In contrast, our nearby countries can offer the same quality or even better retirement life at a fraction of Singapore’s costs. As more of my friends... [read more]