[ Land sales ]

Telok Ayer Street

Awarded

Food Centre / Restaurant. URA sale site, built as China Square Food Centre.

[ Award ]

S$17,010,000

S$3,372.12 psm GFA, about S$313 psf ppr (derived). Awarded 27 March 1995 to Wah Khiaw Developments Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Telok Ayer StreetFood Centre / Restaurant2,220 m²5,044.3 m²Wah Khiaw Developments Pte LtdS$17,010,000(S$3,372.12)
[ The one tender received ]

As listed at the close of 18 January 1995 (ura-list-1994-telok-ayer-street-close), with the outcome the award of 27 March 1995 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Wah Khiaw Developments Pte LtdS$17,010,000S$3,372.12S$313Awarded

Press releases, latest first

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

27 March 1995

Awarded

Telok Ayer Street: awarded to Wah Khiaw Developments 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

Wah Khiaw Developments Pte Ltd, S$17,010,000 (S$3,372.12 psm GFA, about S$313 psf ppr).

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

18 January 1995

Tender closed

Telok Ayer Street: tender closed with 11 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$17,010,000 (S$3,372.12 psm GFA) from Wah Khiaw Developments Pte Ltd.

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

19 October 1994

Launched for tender

Telok Ayer 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
Food Centre / Restaurant
Tenure
30 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 11 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
2,220 sqm[ura-list-vacant-sites-sold]
Maximum GFA
5,044 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Commercial
  • Planning area: Downtown Core
Facts as stated on
19 October 1994

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