Land Sales

SLA to launch public tender for former school in Upper Bukit Timah

Another former school has been made available for use by a commercial or international school to help ease demand for places. The Singapore Land Authority (SLA) will launch a public tender for the former Seh Chuan High School off Upper Bukit Timah Road on Wednesday. The former Seh Chuan High School was last used by the Jurong Gardens School, run by the Movement for the Intellectually Disabled of...

Citywide Land wins tender for hotel site at Kallang and Jellicoe Roads

The Urban Redevelopment Authority (URA) has awarded the tender for the hotel site at Kallang Road and Jellicoe Road to Citywide Land. The company submitted the sole bid for the site at S$51 million. The site has an area of 4,219.2 square metres and a maximum permissible gross floor area of 18,986 square metres. URA said the site is conveniently located at the fringe of the city and situated above...

Orion-Four Development wins tender for industrial site at Kallang Pudding Rd

The Urban Redevelopment Authority has awarded the tender for an industrial site at Kallang Pudding Road to Orion-Four Development. Orion-Four submitted the sole bid of S$10.8 million for the site which has an area of 5,743.2 square metres. The site was launched for public tender on September 3 and the tender closed on October 7. It was offered for sale on a 60-year lease. Source : Channel NewsAsia - 10...

URA closes tender for hotel site at Kallang Road/Jellicoe Road

The Urban Redevelopment Authority (URA) has closed the tender for a hotel site at Kallang Road and Jellicoe Road, with only one bid received. Citywide Land tendered the sole bid of S$51 million for the site which has an area of 4,219.2 square metres and a maximum permissible gross floor area of 18,986 square metres. The site was launched for public tender in August. It was originally on the reserve list...

URA closed tender for industrial site at Ubi Avenue 4

The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...

SLA’s 2007 land sales revenue doubled to S$12.4b

The Singapore Land Authority's (SLA) land sales revenue doubled to S$12.4 billion for its financial year ended 31 March 2008. The property market boom and strong demand in state properties for office, education and commercial uses pushed sale revenue to just S$2 billion shy of the record S$14 billion netted in 1997. According to the SLA's latest annual report released Tuesday, it sold S$10.4 billion...

Tender closed on site at New Upper Changi Road; top bid hits S$282 psf

The URA has closed the tender on a residential site along New Upper Changi Road, with the highest bid coming in at S$84 million from TID. This translates to S$282 per square foot (psf) per plot ratio, said CB Richard Ellis. The 9,875.5 square metre site attracted seven bidders. CB Richard Ellis said the high number of bidders showed that developers still have an appetite for favourable sites even in the...

URA calls for tenders for Serangoon Ave 3 reserve list site

The Urban Redevelopment Authority (URA) is calling for tenders for its reserve list site at Serangoon Avenue 3. The 1.3 hectare site has been earmarked for residential development and is in a private residential estate next to the future Lorong Chuan Mass Rapid Transit station. The 99-year leasehold land parcel can generate a maximum permissible gross floor area of about 418,253 square feet. A site on...

URA releases sales conditions for reserve hotel site at Short Street

The Urban Redevelopment Authority (URA) has released detailed sales conditions for a reserve site at Short Street for hotel development. The site, located within the Bras Basah and Bugis district, is one of two new hotel sites scheduled for release for application under the reserve list of the Government Land Sales programme for the second half this year. Developers interested in purchasing the site can...

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