The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Irving Place to developer Oxley Vista. The company submitted the highest bid of nearly S$43.4 million. That translates to about S$3,697 per square metre. There were 15 bids for the site off Upper Paya Lebar Road. Launched for sale on 25 April 2011, the 60-year leasehold site has a total area of 3,353 square metres...
Irving Place
The Urban Redevelopment Authority (URA) has closed the tender for the industrial site at Irving Place after receiving 15 bids in total. Developer Oxley Vista submitted the highest bid of nearly S$43.4 million. That translates to about S$3,697 per square metre. The next highest bid came from Wega Engineering that bade S$41.3 million dollars. The site was launched for public tender on April 25 on a...