The GCB plots will range from 15,070 sq ft to 250,801 sq ft. However, the larger plots could also be subdivided in future to accommodate more GCBs, up to a maximum of 26 bungalows. The Urban Redevelopment Authority (URA) has stipulated that any redeveloped plots will have to be sold with houses.
The plans were revealed in a November 2021 internal circular that the URA distributed to residents, property portal EdgeProp reported on Thursday (Jan 20). Perennial and DP Architects had invited residents to a sharing session on their development plans.
The Caldecott site was sold with a balance lease of 73 years. The site was also zoned for "civic and community institution" use, so its developer would have to pay to upgrade the lease term and change the site's use.
https://www.straitstimes.com/business/pr...-bungalows