The hotel development site at Havelock Road has attracted nine valid bids at the close of tender on Tuesday. The Urban Redevelopment Authority said the top bid of S$30.09 million was submitted by I Hotel. This translates to a record land price of S$1,303 per square foot per plot ratio (psf ppr). The next three highest bids also reflect bullish sentiment with submissions ranging from S$26 million...
Havelock Road
The government will be launching a hotel site at Havelock Road for sale by public tender in two weeks’ time. The Urban Redevelopment Authority (URA) said the site on the government's reserve list was triggered for sale after a developer had committed to bid at a price of not less than S$18 million for the site. Under the Reserve List system, a site will only be put up for tender if the developer's...
The government has released a hotel site at Havelock Road for application from interested developers. In a statement, the Urban Redevelopment Authority (URA) said it has released the detailed sales conditions for the land parcel, which consists of three conserved warehouse buildings fronting the Singapore River. The plot is on the Reserve List for the first half 2013 Government Land Sales (GLS)...
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...
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...
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...