Analysts said it is rare to find such large parcels on the city fringe that potentially offer sea or river views. Read more at straitstimes.com.
The first plot, adjacent to Sampan Place, is about 2ha – equivalent in size to just under three football fields – and has a plot ratio of 3.6.
Ms Sun said the plot has potential for 1,400 to 1,700 flats, or 1,950 to 2,000 private residential units. Mr Mak said it could yield 1,990 to 2,050 flats or 1,940 to 1,980 condominium units. Ms Sun said this would allow for 1,700 to 2,100 flats or 2,300 to 2,400 condominium units to be built. Mr Mak said 2,400 to 2,500 flats or 2,350 to 2,400 private homes could fit the site.
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