Jurong West Central 2

Awarded

Commercial. HDB sale site, built as Jurong Point.

[ Award ]

S$45,000,128

S$1,397.52 psm GFA (derived: the source published the price and no rate). Awarded 1 September 1993 to Guthrie GTS Ltd / Lee Development Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Jurong West Central 2	Commercial	11,993.7 m²	32,200 m²	Guthrie GTS Ltd / Lee Development Pte Ltd	S$45,000,128(S$1,397.52, derived)

[ All 3 tenderers ]

As listed at the close of 13 May 1993 (hdb-list-jurong-west-p1-close), with the outcome the award of 1 September 1993 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Guthrie GTS Ltd / Lee Development Pte Ltd	S$45,000,128	Awarded
2	Kanopy Investments Pte Ltd, parent: Far East Organization	S$35,100,000	Unsuccessful
3	First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)	S$21,495,150	Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

1 September 1993

Awarded

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Awarded to

Guthrie GTS Ltd / Lee Development Pte Ltd, S$45,000,128 (S$1,397.52 psm GFA, derived: the source published the price and not the rate).

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

13 May 1993

Tender closed

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

3 bids disclosed

Highest S$45,000,128 from Guthrie GTS Ltd / Lee Development Pte Ltd.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

13 March 1993

Launched for tender

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

Selling authority: HDB
Allowable development: Commercial
Tenure: 99 years
Programme list: None stated; sold by tender, as hdb's list records itKnown from HDB’s list of sites sold, which does not say whether the parcel was on a Government Land Sales list. No list is inferred.[hdb-list-commercial-sites-sold]
Project: Jurong Point[hdb-list-commercial-sites-sold]
Site area: 11,993.7 sqm[hdb-list-commercial-sites-sold]
Maximum GFA: 32,200 sqm[hdb-list-commercial-sites-sold]
Facts as stated on: 13 March 1993