The Urban Redevelopment Authority (URA) has awarded the tender for the hotel site at Clemenceau Avenue/Havelock Road to RB Capital Hotels. The company submitted the highest bid of S$101.1 million for the site. This translates to S$8,751 per square metre per plot ratio. The site had attracted a total of 13 bids, with the remaining bids ranging from some S$50.1 million to S$96 million. The tender for the...
Clemenceau Avenue
The Urban Redevelopment Authority has received 13 bids for the hotel site at Clemenceau Avenue/Havelock Road at the close of the tender on Tuesday. RB Capital Hotels submitted the top bid at S$101 million. This translates to S$8,751 per square metre per plot ratio (psm ppr). The second highest bid of S$96 million came from Tampines Court, a unit of Golden Development. The bid works out to S$8,308 psm...
The Urban Redevelopment Authority (URA) has launch a hotel site at the junction of Clemenceau Avenue and Havelock Road for tender. A developer showed interest in the 99-year site, next to Central Mall, committing to pay at least $40.8 million or $328 per sq ft per plot ratio (psf ppr) for it. The site is within walking distance to the Singapore River and the popular entertainment, food & beverage and...
A hotel site in Clemenceau Avenue and Havelock Road will be put up for sale in two weeks. The Urban Redevelopment Authority (URA) said the 99-year leasehold site can generate a maximum gross floor area of 11,555 square metres. The Reserve List site spans 0.55 hectares and a developer will be able to build a hotel development of not more than seven storeys on the plot. URA said a developer has committed...
The Urban Redevelopment Authority has released detailed sales conditions for two reserve list sites at Clemenceau Avenue/Havelock Road and Upper Changi Road North/Flora Drive. The site at Clemenceau Avenue is slated for hotel development. The parcel is close to the popular entertainment districts of Clarke Quay, Boat Quay and Robertson Walk. It has an area of about 5,500 square metres and a permissible...