Penang Road / Oxley Road
AwardedCommercial / Residential with conservation, repair and adaptive reuse of the existing Victorian Building. URA sale site, built as Winsland House II.
S$68,980,000
S$3,740.98 psm GFA, about S$348 psf ppr (derived). Awarded 2 February 1994 to Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited and Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Penang Road / Oxley Road | Commercial / Residential with conservation, repair and adaptive reuse of the existing Victorian Building | 4,650.4 m² | 18,439 m² | Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited and Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited | S$68,980,000(S$3,740.98) |
As listed at the close of 23 November 1993 (ura-list-1993-penang-road-oxley-road-close), with the outcome the award of 2 February 1994 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited and Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited | S$68,980,000 | S$3,740.98 | S$348 | 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 February 1994
AwardedPenang Road / Oxley Road: awarded to Winshine Investment Pte Ltd and Winmax Investment Pte 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
Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited and Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited, S$68,980,000 (S$3,740.98 psm GFA, about S$348 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
23 November 1993
Tender closedPenang Road / Oxley Road: tender closed with 4 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$68,980,000 (S$3,740.98 psm GFA) from Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited and Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited.
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
31 August 1993
Launched for tenderPenang Road / Oxley Road: 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
- Commercial / Residential with conservation, repair and adaptive reuse of the existing Victorian Building
- 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 4 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 4,650.4 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 18,439 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Orchard
- Facts as stated on
- 31 August 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