Bishan Road

Awarded

Condominium. URA sale site, built as BISHAN 8.

[ Award ]

S$115,358,000

S$4,911.36 psm GFA, about S$456 psf ppr (derived). Awarded 12 July 1996 to Kanopy Investment Pte Ltd, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Bishan Road	Condominium	14,679.7 m²	23,488 m²	Kanopy Investment Pte Ltd, parent: Far East Organization	S$115,358,000(S$4,911.36)

[ The one tender received ]

As listed at the close of 22 May 1996 (ura-list-1996-bishan-road-close), with the outcome the award of 12 July 1996 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Kanopy Investment Pte Ltd, parent: Far East Organization	S$115,358,000	S$4,911.36	S$456	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.

12 July 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

Kanopy Investment Pte Ltd, parent: Far East Organization, S$115,358,000 (S$4,911.36 psm GFA, about S$456 psf ppr).

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

22 May 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$115,358,000 (S$4,911.36 psm GFA) from Kanopy Investment Pte Ltd, parent: Far East Organization.

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

28 March 1996

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: 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 16 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 14,679.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 23,488 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bishan
Facts as stated on: 28 March 1996