The Housing and Development Board (HDB) tender for the land parcel at Punggol Way/Punggol Walk for Executive Condominium Housing Development has attracted three bids at the close on Tuesday. The top bid came from Qingjian Realty (South Pacific) Group Pte Ltd at S$189.87 million or $3,375.86 per square metre. This works out to S$314 per square foot per plot ratio. The top bid was just 1 percent higher...
Land Sales
The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Farrer Road to Far East Soho Pte. Ltd. The company submitted the highest bid in the tender for the site at $45.777 million or $11,924.20 per square meter of gross floor area (GFA). With a land area about 0.27 ha, the residential site is expected to generate a GFA of about 3,839m². Tender for the 99-year lease...
Two industrial sites at Sunview Road and Tuas South Street 8 have been launched for public tender by JTC Corporation. Both sites have been slated for clean and light industrial uses only. The site at Tuas South Street 8 has a shorter tenure of 22 years. This is in line with the government's efforts to make industrial property more affordable. Still, some analysts believe the site will attract strong...
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 industrial site at Yishun Avenue 9 (Parcel 6) for sale via public tender. The land parcel was made available for sale through the Reserve List system on 7 December 2011. URA has received an application from a developer for the site to be put up for public tender. The developer has...
The Housing and Development Board (HDB) has awarded the tender for a 99-year leasehold residential site at Bright Hill Drive to United Venture Development (UVD). The tender attracted a total of six bids with UVD placing the top bid of S$291.5 million for the site, about 18 per cent higher than the next bid. UVD is a joint venture company of UOL and Singapore Land Ltd. The site at Bright Hill Drive spans...
The Housing and Development Board (HDB) said the tender for the residential site at Bright Hill Drive has attracted a total of six bids. United Venture Development (UVD) placed the top bid of S$291.5 million for the 99-year leasehold site. UVD is a joint venture company of UOL and Singapore Land Limited. The top bid is about 18 per cent more than the second highest bid of S$246.8 million jointly tabled...
The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Tanah Merah Kechil Road to Fragrance Group Limited and World Class Land Pte Ltd. The companies submitted the highest bid in the tender for the site at S$285.215 million. This also translates to S$676 per square foot per plot ratio (psf ppr). The tender for the residential site was launched on 20 June 2012 and...
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...
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Tanah Merah Kechil Road today. The site at Tanah Merah Kechil Road was launched for sale by public tender on 20 June 2012. The site was offered for sale on a 99-year lease. The 13,998.5m2 site is located within an established private residential estate and is close to Tanah Merah MRT Interchange station. It is also...