Kaki Bukit Avenue 1 / Kaki Bukit Road 3

Awarded

Light Industry. URA sale site, built as Eunos Techpark.

[ Award ]

S$136,390,000

Awarded 22 August 1995 to Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd..

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Kaki Bukit Avenue 1 / Kaki Bukit Road 3	Light Industry	60,988.6 m²	Not stated	Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd.	S$136,390,000

[ The one tender received ]

As listed at the close of 21 June 1995 (ura-list-1995-kaki-bukit-avenue-1-kaki-bukit-road-3-close), with the outcome the award of 22 August 1995 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd.The list prints S$894.53 per square metre against a GPR of 2.5 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$136,390,000	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.

22 August 1995

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

Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd., S$136,390,000.

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

21 June 1995

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$136,390,000 from Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd..

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

29 March 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: 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 3 bids and names only the successful tenderer. The list prints S$894.53 per square metre against a GPR of 2.5 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: 60,988.6 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Industrial
Permissible gross plot ratio: 2.5
Planning area: Bedok
Facts as stated on: 29 March 1995