A land site for hotel or mixed use development at Victoria Street/Jalan Sultan received nine bids at the close of tender on Thursday. Placing the top bid was Forward Land at S$331.37 million. Based on maximum gross floor area GFA of 30,977 square metres, the bid works out to S$10,696.19 per square metre of gross floor area. The top bid is also 9.1 per cent higher than the second bid which came from a...
Land Sales
The Urban Redevelopment Authority (URA) has launched the White site at Thomson Road / Irrawaddy Road for sale by public tender today. The land parcel was made available for sale through the Reserve List system on 30 November 2011. On 21 September 2012, URA announced that it had received an application from a developer to put up the site for tender. The developer has committed to bid at a price of not less...
The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Yishun Avenue 9 (Parcel 6) to Soilbuild Group Holdings Ltd. The company submitted the highest bid in the tender for the site at $31.688 million. Tender for the industrial site was launched on 29 August 2012 and closed on 26 September 2012. The land parcel was offered for sale on a 30-year lease term....
Leading industrial landlord JTC Corp is launching three sites for sale by tender today under the Confirmed List of the Industrial Government Land Sales (IGLS) programme. The largest plot, at Serangoon North Ave 5, is zoned for Business 1 development and has a 30-year lease. It sits on about 0.75 ha and has a maximum permissible gross plot ratio of 2.5. The other two sites at Tuas South St 8, have shorter...
The Urban Redevelopment Authority (URA) closed the tender for the industrial site at Yishun Avenue 9 (Parcel 6) today. The site at Yishun Avenue 9 was launched for public tender on 29 August 2012. It was originally on the Reserve List of the Government Industrial Land Sales Programme. URA had, on 14 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for...
To provide developers and home-buyers with more choices for private housing, the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) are releasing two Executive Condominium (EC) sites and a residential site for sale in September 2012. The two EC sites at Sengkang West Way / Fernvale Link and Pasir Ris Drive 3 / Pasir Ris Rise are launched for sale under the Confirmed List today....
The Urban Redevelopment Authority yesterday said it awarded the tenders for two 99-year leasehold housing sites at Dairy Farm Road and Prince Charles Crescent to the top bidders at S$244.3 million and S$516.3 million, respectively. The Dairy Farm site has an area of 188,861 sq ft and a maximum gross floor area of 396,618 sq ft that is expected to yield about 390 homes. The top bid from First Shine...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the White site at Thomson Road / Irrawaddy Road for sale by public tender. The land parcel was made available for sale through the Reserve List system on 30 November 2011. URA has received an application from a developer for the site to be put up for public tender. The developer has...
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Prince Charles Crescent today. A total of eight bids was received with the top bid coming in at about S$516.3 million or S$960 per square foot per plot ratio by Wingstar Investment, Metro Australia Holdings and Maxdin Pte Ltd.. Wingstar Investment is a wholly-owned subsidiary of Wing Tai Holdings and Maxdin is a...
The Urban Redevelopment Authority (URA) has launched the residential site at Jalan Jurong Kechil and the hotel site at Jurong Town Hall Road for sale by public tender today. The land parcel at Jalan Jurong Kechil was made available for sale through the Reserve List system on 13 November 2006. On 5 September 2012, URA announced that it had received an application from a developer to put up the land parcel...