The Urban Redevelopment Authority (URA) has awarded the tender for the hotel site at Jalan Bukit Merah / Alexandra Road to CEL Development Pte Ltd. The company submitted the highest bid in the tender for the site at $189,000,000 ($8,494.76 per square meter of GFA). The tender for the hotel site was launched on 5 October 2011 and closed on 1 December 2011. The land parcel was offered for sale on a 99-year...
Jalan Bukit Merah
The Urban Redevelopment Authority (URA) has closed the tender for the hotel site at Jalan Bukit Merah/Alexandra Road. It attracted a total of six bids, with CEL Development submitting the highest bid at S$189 million. The rest of the bids ranged between S$118 million and S$184 million. The 99-year leasehold site, which has an area of about 0.79 ha and a maximum permissible gross floor area of 22,249...
The Urban Redevelopment Authority (URA) has launched the hotel site at Jalan Bukit Merah / Alexandra Road for sale via public tender today. The land parcel was made available for sale through the Reserve List system on 16 August 2007. On 22 September 2011, URA announced that it had received an application from a developer to put up the land parcel for tender. The developer has committed to bid at a price...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the hotel site at Jalan Bukit Merah / Alexandra Road for sale via public tender. The land parcel was made available for sale through the Reserve List system on 16 August 2007. URA has received an application from a developer for the site to be put up for public tender. The developer has...