The Urban Redevelopment Authority (URA) has awarded the tender for the hotel or commercial & residential site at Victoria Street / Jalan Sultan to Forward Land Pte Ltd. The company submitted the highest bid in the tender for the site at S$331.37 million. Based on maximum gross floor area GFA of 30,977 square metres, the bid works out to S$10,696.19 per square metre of gross floor area. Tender for...
Jalan Sultan
A land site for hotel or mixed use development at Victoria Street/Jalan Sultan received nine bids at the close of tender on Thursday. Placing the top bid was Forward Land at S$331.37 million. Based on maximum gross floor area GFA of 30,977 square metres, the bid works out to S$10,696.19 per square metre of gross floor area. The top bid is also 9.1 per cent higher than the second bid which came from a...
The Urban Redevelopment Authority (URA) has launched the site at Victoria Street / Jalan Sultan for sale by public tender today. The land parcel was made available for sale through the Reserve List system on 25 April 2007. On 1 August 2012, 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 of not less than...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the site at Victoria Street / Jalan Sultan for sale by public tender. The land parcel was made available for sale through the Reserve List system on 25 April 2007. URA received an application from a developer for the site to be put up for public tender. The developer committed to bid at a...
Chiu Teng Estates has put in the top bid of S$14.8 million for a 99-year leasehold commercial site at Jalan Sultan. This works out to S$10,480 per square metre per site area. It is also just S$1.2 million more than the second highest bid. The tender attracted 20 bids in all. Meanwhile, the Urban Redevelopment Authority has decided to reject the only bid submitted for the transitional office site at...