Geylang Rd / Joo Chiat Rd

Awarded

Commercial. HDB sale site, built as Tristar Inn.

[ Award ]

S$15,006,000

S$1,871.07 psm GFA (derived: the source published the price and no rate). Awarded 22 July 1994 to LKN Development Pte Ltd, parent: LKN Group.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Geylang Rd / Joo Chiat Rd	Commercial	2,675.5 m²	8,020 m²	LKN Development Pte Ltd, parent: LKN Group	S$15,006,000(S$1,871.07, derived)

[ The one tender received ]

As listed at the close of 5 May 1994 (hdb-list-geylang-p1-close), with the outcome the award of 22 July 1994 gave each.

Rank	Tenderer	Tendered price	Outcome
1	LKN Development Pte Ltd, parent: LKN Group	S$15,006,000	Awarded

Press releases, latest first

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

22 July 1994

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

LKN Development Pte Ltd, parent: LKN Group, S$15,006,000 (S$1,871.07 psm GFA, derived: the source published the price and not the rate).

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

5 May 1994

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.

1 bid disclosed

Highest S$15,006,000 from LKN Development Pte Ltd, parent: LKN Group.

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

7 March 1994

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: Tristar Inn[hdb-list-commercial-sites-sold]
Site area: 2,675.5 sqm[hdb-list-commercial-sites-sold]
Maximum GFA: 8,020 sqm[hdb-list-commercial-sites-sold]
Facts as stated on: 7 March 1994