Merchant Road / Boat Quay
AwardedHotel. URA sale site, built as Swissotel Merchant Court Singapore.
S$52,128,000
S$1,602.85 psm GFA, about S$149 psf ppr (derived). Awarded 6 November 1993 to DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Merchant Road / Boat Quay | Hotel | 9,292 m² | 32,522 m² | DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) | S$52,128,000(S$1,602.85) |
As listed at the close of 19 August 1993 (ura-list-1993-merchant-road-boat-quay-close), with the outcome the award of 6 November 1993 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) | S$52,128,000 | S$1,602.85 | S$149 | 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.
6 November 1993
AwardedMerchant Road / Boat Quay: awarded to DBS Land Ltd, 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
DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land), S$52,128,000 (S$1,602.85 psm GFA, about S$149 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
19 August 1993
Tender closedMerchant Road / Boat Quay: tender closed with 3 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$52,128,000 (S$1,602.85 psm GFA) from DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
27 May 1993
Launched for tenderMerchant Road / Boat Quay: 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
- 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 3 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 9,292 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 32,522 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Hotel
- Planning area: Singapore River
- Facts as stated on
- 27 May 1993
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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