Tag Archives: URA

Coronation Road residential site receives 12 bids

Posted on 21 Jun 2013 | Comments Off

A residential site at Coronation Road drew strong interest with 12 bids when the tender closed yesterday, said the Urban Redevelopment Authority (URA).

Launched for tender on 28 March, the 37,440.7sq m site offers a lease term of 99 years and is expected to yield about 140 landed housing units.

The highest bid came from Athens Residential Development at S$366 million or S$9,775 psm over the site area, while Astor Properties submitted the second highest bid of S$313.3 million. Wingzest Investment offered the lowest bid at S$163.1 million.

The winning bid will be announced after all the bids have been evaluated.

Source – PropertyGuty – 21 June 2013

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Posted in Land Sales

Tagged Coronation Road, Housing Development Board, Nathan Road, Residential Site, Singapore Property, URA, Urban Redevelopment Authority

World Class Land wins tender for Faber Walk site

Posted on 21 Jun 2013 | Comments Off

World Class Land has been awarded the tender for a residential site (pictured) at Faber Walk at a bid price of S$156.68 million.

The Urban Redevelopment Authority (URA) launched the tender for the 15,125.4sq m site on 15 April. The site attracted 18 bidders at the close of the tender on Tuesday with World Class Land posting the highest bid.

With a maximum gross floor area (GFA) of 21,176 sq m, the residential site is expected to yield 210 housing units.

Source : PropGuru – 21 Jun 2013