Bayshore Road

Awarded

Condominium. URA sale site, built as THE BAYSHORE.

[ Award ]

S$161,189,000

S$1,310.97 psm GFA, about S$122 psf ppr (derived). Awarded 2 March 1993 to Victory Realty Co. Pte Ltd, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Bayshore Road	Condominium	40,984.5 m²	122,954 m²	Victory Realty Co. Pte Ltd, parent: Far East Organization	S$161,189,000(S$1,310.97)

[ The one tender received ]

As listed at the close of 7 January 1993 (ura-list-1992-bayshore-road-close), with the outcome the award of 2 March 1993 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Victory Realty Co. Pte Ltd, parent: Far East Organization	S$161,189,000	S$1,310.97	S$122	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.

2 March 1993

Awarded

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

Awarded to

Victory Realty Co. Pte Ltd, parent: Far East Organization, S$161,189,000 (S$1,310.97 psm GFA, about S$122 psf ppr).

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

7 January 1993

Tender closed

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

1 bid disclosed

Highest S$161,189,000 (S$1,310.97 psm GFA) from Victory Realty Co. Pte Ltd, parent: Far East Organization.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

12 November 1992

Launched for tender

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

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

Selling authority: URA
Allowable development: Condominium
Tenure: 99 years
Programme list: None stated; sold by tender, as ura's list records itA URA sale tender its source places on neither the Confirmed nor the Reserve List of the Government Land Sales programme. No list is inferred.The list counts 9 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 40,984.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 122,954 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bedok
Facts as stated on: 12 November 1992