Commonwealth Avenue West / Faber Heights

Awarded

Mixed Landed or Condominium. URA sale site, built as FABER CREST.

[ Award ]

S$156,200,000

S$3,013.23 psm GFA, about S$280 psf ppr (derived). Awarded 15 March 1996 to City Developments Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Commonwealth Avenue West / Faber Heights	Mixed Landed or Condominium	37,027 m²	51,838 m²	City Developments Ltd	S$156,200,000(S$3,013.23)

[ The one tender received ]

As listed at the close of 24 January 1996 (ura-list-1995-commonwealth-avenue-west-faber-heights-close), with the outcome the award of 15 March 1996 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	City Developments Ltd	S$156,200,000	S$3,013.23	S$280	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.

15 March 1996

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

City Developments Ltd, S$156,200,000 (S$3,013.23 psm GFA, about S$280 psf ppr).

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

24 January 1996

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$156,200,000 (S$3,013.23 psm GFA) from City Developments Ltd.

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

29 November 1995

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: Mixed Landed or Condominium
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: 37,027 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 51,838 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Clementi
Facts as stated on: 29 November 1995