The 99-year leasehold 'white site' with a minimum hotel component at Thomson Road/Irrawaddy Road received a total of 9 bids at the close of tender on Tuesday. A white site is a site in which a variety of uses are allowed. The developer will possess the flexibility to decide on the mix of uses and respective amount of floor space dedicated for each use, as long as the total allowed Gross Floor Area (GFA)...
Thomson Road
The Urban Redevelopment Authority (URA) has launched the White site at Thomson Road / Irrawaddy Road for sale by public tender today. The land parcel was made available for sale through the Reserve List system on 30 November 2011. On 21 September 2012, URA announced that it had received an application from a developer to put up the site for tender. The developer has committed to bid at a price of not less...
The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the White site at Thomson Road / Irrawaddy Road for sale by public tender. The land parcel was made available for sale through the Reserve List system on 30 November 2011. URA has received an application from a developer for the site to be put up for public tender. The developer has...
Novena Ville has been successfully sold in a collective sale exercise for S$131.5 million to property developer Fragrance Group. The sale price works out a land rate of S$1,730 psf per plot ratio. The land area is about 51,092 sq ft, and has a gross plot ratio (GPR) of 1.4 and an allowable height of up to four storeys. There is no development charge is payable for redevelopment. The freehold mixed-use...
The Urban Redevelopment Authority has released a so-called 'white site' at Thomson Road/Irrawaddy Road in the Reserve List under the Government Land Sales Programme for the second half of 2011. A 'white site' is an area that may be developed for a variety of uses, namely commercial, hotel or residential. Developers who are interested in the land parcel can apply to the URA for it to be put up for...