The Urban Redevelopment Authority (URA) has launched a 15,663 sqm GLS Site in Dairy Farm for sale. This parcel has a maximum gross floor area of 32,893 sqm and can yield about 385 units. It is around 2,000 sqm smaller in size than the neighbouring development, The Skywoods.
This is a quiet enclave and residents with south-facing units will enjoy views of the Dairy Farm Nature Park. This 99-year leasehold site sits near the German European School and is about 10 to 15 minutes walk to Hillview MRT. An analyst at Huttons expect up to 8 bids with the price ranging from $900 psf ppr to $1,000 psf ppr.