The Urban Redevelopment Authority (URA) received a total of nine bids for an industrial site at Woodlands Avenue 12 (Parcel 2) at the close of the tender on Tuesday. The top bid of S$84.24 million was submitted by OKH Development. It works out to about S$1,636 per square metre. The second highest bidder came from NSS Properties at S$76.48 million, or S$1,485 per square metre, followed by a joint bid from...
Land Sales
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...
The Urban Redevelopment Authority (URA) on Tuesday launched the tender for a commercial site at Robinson Road and Cecil Street. The land parcel, located within walking distance to Tanjong Pagar MRT Station, occupies a prime location in the heart of the Central Business District. The 0.29 hectare site, which can generate about 32,000 square metres of gross floor area, is poised to be developed into a...
The Urban Redevelopment Authority (URA) has released the detailed sales conditions for a hotel site (Land Parcel B) located at Kallang Riverside. The land parcel, which can potentially yield about 490 hotel rooms, has an area of about 0.82 hectares with a lease period of 99 years. The site has a maximum permissible gross floor area of about 22,900 square metres and a maximum allowable building height of...
Developer Boo Han Holdings has submitted the highest bid of about S$175.8 million for a residential site at West Coast Link and West Coast Crescent. The Urban Redevelopment Authority (URA) closed the tender for the site yesterday after receiving 12 bids in total. The 1.27 ha site, with a 99-year lease, was launched for tender on May 5. With a maximum gross floor area of nearly 35,500 sq m, it is expected...
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...
The Urban Redevelopment Authority (URA) on Tuesday launched two residential sites for sale by public tender which can potentially yield about 410 housing units. The land parcels at Upper Serangoon Road / Pheng Geck Avenue and Serangoon Garden Way were launched under the Confirmed List of of the Government Land Sales Programme for the first half of this year. The Housing & Development Board (HDB) will...
The Urban Redevelopment Authority (URA) has awarded the tender for a residential site at Flora Drive to Frasers Centrepoint. The developer submitted the highest bid of nearly S$131.4 million, which translates to about S$3,499 per square metre. Potentially yielding an estimated 380 housing units, the land parcel is located in a Pasir Ris residential estate. The plot has a site area of about 26,800 square...
The Urban Redevelopment Authority (URA) has received four bids for a 99-year residential land site at Flora Drive. At the close of the tender on Thursday, the highest bid came from Frasers Centrepoint, which submitted a bid of S$131.4 billion. This works out to about S$3,499 per square metre. The next highest bid was from Tripartite Developers at S$130.8 million or about S$3,484 per square metre,...
The Urban Redevelopment Authority (URA) has put up an industrial site at Pioneer Road North for public tender. The land parcel was available for sale through the Reserve List system in February this year. The tender was triggered because URA has received an application from a developer for the site on June 3. The developer has committed to bid at a price of not less than S$23.8 million for the land...