[ Land sales ]

Hill Street / Coleman Street

Awarded

Hotel / Shopping (new development and the conservation, repair and adaptive reuse of ten existing shophouses). URA sale site, built as Grand Park City Hall (formerly Parkroyal on Coleman Street / Grand Plaza Hotel).

[ Award ]

S$38,000,000

S$1,816.10 psm GFA, about S$169 psf ppr (derived). Awarded 17 May 1993 to Hotel Plaza Limited, parent: Far East Orchard Limited (formerly Hotel Plaza Limited).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Hill Street / Coleman StreetHotel / Shopping (new development and the conservation, repair and adaptive reuse of ten existing shophouses)5,978.4 m²20,924 m²Hotel Plaza Limited, parent: Far East Orchard Limited (formerly Hotel Plaza Limited)S$38,000,000(S$1,816.10)
[ The one tender received ]

As listed at the close of 24 February 1993 (ura-list-1992-hill-street-coleman-street-close), with the outcome the award of 17 May 1993 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Hotel Plaza Limited, parent: Far East Orchard Limited (formerly Hotel Plaza Limited)S$38,000,000S$1,816.10S$169Awarded

Press releases, latest first

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

17 May 1993

Awarded

Hill Street / Coleman Street: awarded to Hotel Plaza Limited, as URA's list of vacant sites sold dates it

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

Hotel Plaza Limited, parent: Far East Orchard Limited (formerly Hotel Plaza Limited), S$38,000,000 (S$1,816.10 psm GFA, about S$169 psf ppr).

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

24 February 1993

Tender closed

Hill Street / Coleman Street: tender closed with 2 bids, as URA's list of vacant sites sold dates it

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$38,000,000 (S$1,816.10 psm GFA) from Hotel Plaza Limited, parent: Far East Orchard Limited (formerly Hotel Plaza Limited).

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

30 November 1992

Launched for tender

Hill Street / Coleman Street: launched for tender, as URA's list of vacant sites sold dates it

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)

Site facts

Selling authority
URA
Allowable development
Hotel / Shopping (new development and the conservation, repair and adaptive reuse of ten existing shophouses)
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 2 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
5,978.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA
20,924 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Hotel
  • Planning area: Downtown Core
Facts as stated on
30 November 1992

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold