Prevo
[ Land sales ]

Craig Road

Awarded

Residential with commercial at 1st storey only and car park station. URA sale site, built as CRAIG PLACE.

Open in Maps
[ Award ]

S$25,100,000

S$4,773.68 psm GFA, about S$443 psf ppr (derived). Awarded 24 February 1997 to Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, parent: Manulife Financial Corporation (historical business acquired by Manulife Singapore).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Craig RoadResidential with commercial at 1st storey only and car park station2,503.7 m²5,258 m²Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, parent: Manulife Financial Corporation (historical business acquired by Manulife Singapore)S$25,100,000(S$4,773.68)
[ The one tender received ]

As listed at the close of 29 January 1997 (ura-list-1996-craig-road-close), with the outcome the award of 24 February 1997 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, parent: Manulife Financial Corporation (historical business acquired by Manulife Singapore)S$25,100,000S$4,773.68S$443Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

24 February 1997

Awarded

Craig Road: awarded to Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, as URA's list of vacant sites sold dates it

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

Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, parent: Manulife Financial Corporation (historical business acquired by Manulife Singapore), S$25,100,000 (S$4,773.68 psm GFA, about S$443 psf ppr).

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

29 January 1997

Tender closed

Craig Road: tender closed with 13 bids, as URA's list of vacant sites sold dates it

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$25,100,000 (S$4,773.68 psm GFA) from Guthrie M & E Consultancy (S) Pte Ltd / Asia Life Assurance Society Ltd, parent: Manulife Financial Corporation (historical business acquired by Manulife Singapore).

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

7 November 1996

Launched for tender

Craig Road: launched for tender, as URA's list of vacant sites sold dates it

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)

Site facts

Selling authority
URA
Allowable development
Residential with commercial at 1st storey only and car park station
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 13 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
2,503.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA
5,258 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential with Commercial at 1st Sty
  • Planning area: Outram
Facts as stated on
7 November 1996

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold