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Dec 12, 2010

New Jurong DBSS

New Jurong DBSS


We look at a new Jurong DBSS (Design Build Sell Scheme by HDB Singapore. This new site for a new Jurong DBSS project was announced by HDB on 16 November 2010.

This new DBSS housing development is located in Yuan Ching Road near Jurong Lake District.

This new Jurong DBSS site area will be developed into a unique lakeside destination for business and leisure. For shopping, food and entertainment, families can look to Jurong Point, IMM, Taman Jurong and Boon Lay Shopping Centres.

The upcoming commercial development at Jurong Gateway will also widen the retail opportunities. Other attractions include the Jurong Lake Park, Chinese and Japanese Gardens, Jurong Bird Park, Singapore Science Centre and Snow City.

There are also established schools and tertiary institutions like River Valley High, Jurong Junior College and Nanyang Technological University nearby this new Jurong DBSS.

Bounded by major expressways such as Pan-Island and Ayer Rajah Expressways (PIE/AYE), the land parcel is also efficiently served by Lakeside and Boon Lay MRT Stations and Boon Lay Bus Interchange.

Details of New Jurong DBSS:

New Jurong DBSS Location= Yuan Ching Road

New Jurong DBSS Proposed Development= Public Housing

New Jurong DBSS Site Area= 21,199.7 sq m

New Jurong DBSS Max. Allowable GFA [GPR]= 63,599.1 sq m [3.0]

New Jurong DBSS Estimated Dwelling Units= 580

New Jurong DBSS Lease Term= 103 years (includes a 48-month construction period)

Flats sold under DBSS come with a 99-year lease. These flats will be offered to buyers under similar HDB eligibility conditions.