Middle Road / Prinsep Sreet

Awarded

White Site. URA sale site, built as IOI Plaza.

[ Award ]

S$52,222,222

S$4,780.94 psm GFA, about S$444 psf ppr (derived). Awarded 13 March 1996 to IOI Properties Berhad, parent: IOI Properties Group Berhad.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Middle Road / Prinsep Sreet	White Site	2,600.6 m²	10,923 m²	IOI Properties Berhad, parent: IOI Properties Group Berhad	S$52,222,222(S$4,780.94)

[ The one tender received ]

As listed at the close of 17 January 1996 (ura-list-1995-middle-road-prinsep-sreet-close), with the outcome the award of 13 March 1996 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	IOI Properties Berhad, parent: IOI Properties Group Berhad	S$52,222,222	S$4,780.94	S$444	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.

13 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

IOI Properties Berhad, parent: IOI Properties Group Berhad, S$52,222,222 (S$4,780.94 psm GFA, about S$444 psf ppr).

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

17 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$52,222,222 (S$4,780.94 psm GFA) from IOI Properties Berhad, parent: IOI Properties Group Berhad.

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

25 October 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: White Site
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 4 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 2,600.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 10,923 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Rochor
Facts as stated on: 25 October 1995