Bishan Street 21

Awarded

Condominium. URA sale site, built as Rafflesia Condo.

[ Award ]

S$116,010,000

S$4,339.71 psm GFA, about S$403 psf ppr (derived). Awarded 21 April 1997 to Victory Realty Co. Pte Ltd, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Bishan Street 21	Condominium	12,729.6 m²	26,732.18 m²	Victory Realty Co. Pte Ltd, parent: Far East Organization	S$116,010,000(S$4,339.71)

[ The one tender received ]

As listed at the close of 6 March 1997 (ura-list-1996-bishan-street-21-close), with the outcome the award of 21 April 1997 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Victory Realty Co. Pte Ltd, parent: Far East Organization	S$116,010,000	S$4,339.71	S$403	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.

21 April 1997

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

Victory Realty Co. Pte Ltd, parent: Far East Organization, S$116,010,000 (S$4,339.71 psm GFA, about S$403 psf ppr).

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

6 March 1997

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$116,010,000 (S$4,339.71 psm GFA) from Victory Realty Co. Pte Ltd, parent: Far East Organization.

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

18 December 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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 12,729.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 26,732 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bishan
Facts as stated on: 18 December 1996