White site at Pasir Ris receives weak response to tender

by • December 25, 2018 • Property Market NewsComments (0)1377

The Housing & Development Board (HDB) on August 27 announced that it has launched a White site at Pasir Ris Central for sale by public tender  under the Confirmed List of the Government’s residential land sales programme.

The White site is proposed for a mixed-use development which will comprise a commercial and residential development integrated with a bus interchange, a polyclinic and a town plaza. The site can potentially yield a maximum of 600 private residential units. This mixed-use development is one of the Remaking Our Heartland (ROH) plans for Pasir Ris Town, which were unveiled in April 2017.

With a land area of 38,003.7 sqm and maximum gross floor area (GFA) of 95,010 sqm, it is to be developed for mixed commercial and residential use. Commercial GFA is not to be lower than 25,000 sqm while no more than 600 residential units can be built in the development.

white site

Image credit: HDB

The White site is adjacent to the Pasir Ris MRT station and a bus interchange is to be incorporated into the development providing seamless travel for commuters and amenities for residents. The completed development will also serve as a community focal point.

HDB said that tenders received for the mixed-use site at Pasir Ris Central will be evaluated under a concept and price revenue system, which requires tenderers to submit their concept proposals and tender prices in two separate envelopes. Only short-listed concept proposals will go on to have their price envelopes considered.

Unveiled by the Prime Minister Lee Hsien Loong at the National Day Rally in 2007, the Remaking Our Heartland initiative was launched as a new comprehensive blueprint to renew and further develop existing HDB towns and estates, to ensure sustainability and vibrancy of the HDB heartlands and to make Singapore a distinctive and endearing home for all.

Mature, middle-aged or young HDB estates are home to many generations of Singaporeans. Through the Remaking Our Heartland (ROH) programme, exciting plans have been drawn up to renew our HDB estates, with blueprints tailored to meeting the changing needs of our community. Each HDB estate will build on what makes it unique – to capitalise on the distinct characteristics of each area. These plans would remake our HDB towns and estates, ensuring that it remain relevant, vibrant and sustainable.

Punggol, Yishun and Dawson were the first heartland towns and estates selected in 2007 to undergo ROH. Subsequently in 2011, East Coast, Hougang and Jurong Lake areas were selected for the ROH 2 programme.

In March 2015, it was announced that Toa Payoh, Woodlands and Pasir Ris will be the next HDB towns to undergo the ROH 3 programme. In drawing up the rejuvenation plans, HDB had actively engaged residents and stakeholders in the early stages of the planning to participate in Focus Group Discussions (FGDs) held in June and July 2015. HDB took into consideration the inputs of the FGD participants when developing the ROH 3 plans for the renewal plans for Woodlands, Toa Payoh and Pasir Ris.

Woodlands Regional Centre White site released by URA

HDB announced in April 2017 that its ‘Remaking Pasir Ris’ plans would feature refreshed town centre, upgraded parks, as well as new houing by the park.

Known for its beaches, parks and recreational facilities, Pasir Ris will retain all these and more, even as it is rejuvenated under the ROH programme. The proposals for Remaking Pasir Ris is aimed at reinvigorating this urban sanctuary, and are focused on four key strategies:

  • Transforming the town centre into a vibrant hub
  • Enhancing nature living with upgraded parks and new housing by the park
  • Enlivening community spaces in the neighbourhoods
  • Improving connectivity

Under the Remaking Pasir Ris plan, the Pasir Ris Town Centre, located at the heart of the town, will be transformed into a vibrant hub with the development of a new mixed-use commercial and residential development. To be integrated with a bus interchange, the new development will offer seamless connection to public transport services and a wide range of commercial facilities, all under one roof. The new bus interchange will also be designed to incorporate a new dedicated pick-up and drop-off area for full-time National Servicemen (NSF) undergoing military training in Pulau Tekong.

Tender for the land parcel is based on the Concept and Price Tender System and the tender evaluation criteria include:

  1. Quality of design concept (40%)
  2. Quality of public realm (30%)
  3. Track record (30%)

The tender for the White site at Pasir Ris Central closed at 12 noon on 14 December 2018 (Friday) with only 3 bids received.

Private residential units to increase substantially with new releases from GLS programme

Commenting on the bids received for the White site at Pasir Ris, Mr Ong Teck Hui, JLL’s Senior Director of Research & Consultancy for Singapore said: “this is below expectations, given its prime location next to the Pasir Ris MRT station, which holds good promise of a successful retail mall and keen demand for the residential units.”

He added: “While potential bidders would have taken into account the relatively high absolute land price and the technical conditions, the weak response does reflect concerns over the market outlook. With cooling measures still hampering the private home market and an economic slowdown expected in 2019, it is understandable for potential bidders to be cautious.”

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