The Urban Redevelopment Authority (URA) has closed the tender for a hotel site at Kallang Road and Jellicoe Road, with only one bid received. Citywide Land tendered the sole bid of S$51 million for the site which has an area of 4,219.2 square metres and a maximum permissible gross floor area of 18,986 square metres. The site was launched for public tender in August. It was originally on the reserve list...
Land Sales
Sim Lian Land has been awarded the tender for an industrial site at Ubi Avenue 4. The company submitted a bid of S$26.3 million for the 60-year lease site. The site has an area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. It can be developed into a range of clean and light industrial uses. Source : Channel NewsAsia - 3 Oct...
The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...
The Singapore Land Authority's (SLA) land sales revenue doubled to S$12.4 billion for its financial year ended 31 March 2008. The property market boom and strong demand in state properties for office, education and commercial uses pushed sale revenue to just S$2 billion shy of the record S$14 billion netted in 1997. According to the SLA's latest annual report released Tuesday, it sold S$10.4 billion...
The URA has closed the tender on a residential site along New Upper Changi Road, with the highest bid coming in at S$84 million from TID. This translates to S$282 per square foot (psf) per plot ratio, said CB Richard Ellis. The 9,875.5 square metre site attracted seven bidders. CB Richard Ellis said the high number of bidders showed that developers still have an appetite for favourable sites even in the...
The Urban Redevelopment Authority (URA) is calling for tenders for its reserve list site at Serangoon Avenue 3. The 1.3 hectare site has been earmarked for residential development and is in a private residential estate next to the future Lorong Chuan Mass Rapid Transit station. The 99-year leasehold land parcel can generate a maximum permissible gross floor area of about 418,253 square feet. A site on...
The Urban Redevelopment Authority (URA) has released detailed sales conditions for a reserve site at Short Street for hotel development. The site, located within the Bras Basah and Bugis district, is one of two new hotel sites scheduled for release for application under the reserve list of the Government Land Sales programme for the second half this year. Developers interested in purchasing the site can...
The Housing and Development Board has awarded the tender for a public housing site under Design, Build and Sell Scheme (DBSS) to Ho Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup JV Development Pte Ltd. Their successful joint bid was S$198,822,000 for the site at Lorong 1A Toa Payoh. The plot has an area of 27,479.9 square metres and an allowable gross floor area of 115,415.58 square...
The Urban Redevelopment Authority (URA) has launched a transitional office site at Mohamed Sultan Road for sale by public tender. The site is one of three commercial parcels to be sold through the confirmed list under the Government Land Sales Programme for the second half of this year. It has a land area of nearly 0.62 hectare and a maximum permissible gross floor area of about 9,200 square metres. A...
Former Changi Camp buildings to be transformed into tourist hotel HOTELS operators are being sought to give these two rundown barracks buildings near Changi Village a new lease of life. They used to be part of a military camp in Hendon Road. However, the Singapore Land Authority (SLA) believes they can be readily adapted into a hotel and is inviting a public tender. Since last year, SLA has awarded four...