Kaki Bukit Avenue 2 / Kaki Bukit Road 1

Awarded

Light Industry. URA sale site, built as Kaki Bukit Industrial Park, Entrepreneur Business Centre, Empire Technocentre, KB Industrial Building.

[ Award ]

S$92,042,000

Awarded 11 October 1994 to Chng Heng Tiu, Chwee Meng Chong, Ho Mun Sang & Ho Mun Fei.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Kaki Bukit Avenue 2 / Kaki Bukit Road 1	Light Industry	72,465.3 m²	Not stated	Chng Heng Tiu, Chwee Meng Chong, Ho Mun Sang & Ho Mun Fei	S$92,042,000

[ The one tender received ]

As listed at the close of 21 July 1994 (ura-list-1994-kaki-bukit-avenue-2-kaki-bukit-road-1-close), with the outcome the award of 11 October 1994 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Chng Heng Tiu, Chwee Meng Chong, Ho Mun Sang & Ho Mun FeiThe list prints S$747.15 per square metre against a GPR of 1.7 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.	S$92,042,000	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.

11 October 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

Chng Heng Tiu, Chwee Meng Chong, Ho Mun Sang & Ho Mun Fei, S$92,042,000.

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

21 July 1994

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$92,042,000 from Chng Heng Tiu, Chwee Meng Chong, Ho Mun Sang & Ho Mun Fei.

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

29 April 1994

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: Light Industry
Tenure: 60 yearsNot the 99-year term of an ordinary residential GLS parcel.
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 6 bids and names only the successful tenderer. The list prints S$747.15 per square metre against a GPR of 1.7 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.[ura-list-vacant-sites-sold]
Site area: 72,465.3 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Industrial
Permissible gross plot ratio: 1.7
Planning area: Bedok
Facts as stated on: 29 April 1994