THE owners of Windy Heights in Eunos have put their property up for collective sale, billing it as one of the largest freehold residential redevelopment sites to come on the market in the area.

The property along Jalan Daud comprises four blocks of 192 apartment units, eight penthouses and two commercial units. Under the Government’s 2014 Master Plan, the 23,291 square metres (250,702 square feet) site is zoned “Residential” with a Gross plot ratio (GPR) of 2.1.

It can be redeveloped to accommodate 581 apartments of 100 sq m per unit, based on the current built-up gross floor area (GFA) of 58,150.74 sq m, said Knight Frank Singapore, the property’s marketing agent.

THE under-supply in the executive condominium (EC) market is so acute that all 17 bidders at a state tender for a site in Punggol have placed bids that are higher than the record for EC land set in …