Church Street / Telok Ayer Street
AwardedCommercial or Hotel or Commercial/Residential. URA sale site, built as Capital Square.
S$392,100,000
S$9,568.08 psm GFA, about S$889 psf ppr (derived). Awarded 19 October 1995 to SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Church Street / Telok Ayer Street | Commercial or Hotel or Commercial/Residential | 11,097 m² | 40,980 m² | SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited) | S$392,100,000(S$9,568.08) |
As listed at the close of 23 August 1995 (ura-list-1995-church-street-telok-ayer-street-close), with the outcome the award of 19 October 1995 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited) | S$392,100,000 | S$9,568.08 | S$889 | 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.
19 October 1995
AwardedChurch Street / Telok Ayer Street: awarded to SSL Properties 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
SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited), S$392,100,000 (S$9,568.08 psm GFA, about S$889 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
23 August 1995
Tender closedChurch Street / Telok Ayer Street: tender closed with 5 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$392,100,000 (S$9,568.08 psm GFA) from SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
31 May 1995
Launched for tenderChurch Street / 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
- Commercial or Hotel or Commercial/Residential
- 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 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 11,097 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 40,980 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Outram
- Facts as stated on
- 31 May 1995
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