Syed Alwi Road

Awarded

Wet market / Commercial or Institutional. URA sale site, built as New World Centre.

[ Award ]

S$16,630,000

S$2,006.03 psm GFA, about S$186 psf ppr (derived). Awarded 2 February 1994 to Tacwealth Investments Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Syed Alwi Road	Wet market / Commercial or Institutional	2,763.3 m²	8,290 m²	Tacwealth Investments Pte Ltd	S$16,630,000(S$2,006.03)

[ The one tender received ]

As listed at the close of 23 November 1993 (ura-list-1993-syed-alwi-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	Tacwealth Investments Pte Ltd	S$16,630,000	S$2,006.03	S$186	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

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

Tacwealth Investments Pte Ltd, S$16,630,000 (S$2,006.03 psm GFA, about S$186 psf ppr).

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

23 November 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$16,630,000 (S$2,006.03 psm GFA) from Tacwealth Investments Pte Ltd.

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

31 August 1993

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: Wet market / Commercial or Institutional
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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 2,763.3 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 8,290 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Others
Planning area: Rochor
Facts as stated on: 31 August 1993