The Housing and Development Board (HDB) is launching a residential site for sale by public tender under the Reserve List System. The site is located at Bishan Street 14 and is slated for development as Condominium Housing. The area is around 12,000 square metres in size, with a maximum gross floor area of some 58,000 square metres. It has a lease term of 99 years and would be able to accommodate 590...
Land Sales
The Urban Redevelopment Authority (URA) said it has launched the tender for a hotel site at Robertson Quay on Thursday. The land parcel was available for sale through the Reserve List system since April last year. The tender was triggered because URA has received an application from a developer for the site. The developer has committed to bid at a price of not less than S$51.5 million for the land...
Royal Group Holdings has submitted the highest bid of S$86 million for a hotel site at Robinson Road and Boon Tat Street. The Urban Redevelopment Authority closed on Wednesday, the tender for the site after receiving eight bids in total. Royal Group's bid translates to about S$11,543 per square metre. The next highest bid of S$72 million came from developer Oxley Vibes. The 1,800 square metre site is...
The Housing & Development Board (HDB) has closed the tender for a residential site at Yuan Ching Road after receiving six bids. The highest bid came from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings, that bid S$131.6 million. The next highest bid came from Yuan Ching Development that bid S$125.3 million. The land parcel has a site area of more than 21,000 square metres and...
The Urban Redevelopment Authority (URA) said it will launch the tender for an industrial site at Kaki Bukit Road 4 in two weeks' time. The land parcel was available for sale through the Reserve List system in November last year. The tender was triggered because URA has received an application from a developer for the site. The developer has committed to bid at a price of not less than S$18 million for...
The Ministry of Trade and Industry (MTI) launched on Friday its Industrial Government Land Sales Programme for the first half of 2011. To meet the demand for industrial land, MTI said there would be four sites in the Confirmed List and seven sites in the Reserve List, with a total site area of 17.67 hectares. The four Confirmed List sites consist of two new sites at Fusionopolis Link and Irving Place, as...
JTC Corporation has accepted an application from a developer to put up an industrial site at Ubi Road 1/Ubi Avenue 4 for sale via public tender. JTC said the developer has committed to bid at a price of not less than S$29.38 million in the tender for the land parcel. Zoned for "Business 1" development, the 1.24 ha site has a maximum gross plot ratio of 2.5 and a lease period of 60 years. The project has...
A hotel site at Robertson Quay will be released for sale by public tender. The Urban Redevelopment Authority (URA) said the land parcel was made available for sale through the Reserve List System in April 2010. The sale process was triggered when URA received an application from a developer to put up the land parcel for tender. The unnamed developer has committed to bid at a price of not less than...
Buyers are showing keen interest in the Lion City Hotel and Hollywood Theatre site up for sale near Paya Lebar MRT station. About 40 companies have already made enquiries said Landmark Property Advisors and Knight Frank, the marketing firms for the site. The list includes 'every major developer' in the market, Landmark director Lee Hon Kiun said yesterday. He and Knight Frank's senior manager for...
The Urban Redevelopment Authority (URA) has awarded the tender for a residential site at Seletar Road to Asplenium Land. The company submitted the highest bid of S$123 million for the land parcel, which translates to about S$5,033 per square metre. Tender for the site was launched on October 26 and closed on December 14. The land parcel has a site area of over 17,400 square metres and a maximum...