Geylang East Avenue 1
AwardedCondominium. URA sale site, built as CENTRAL GROVE.
S$92,080,000
S$2,769.97 psm GFA, about S$257 psf ppr (derived). Awarded 21 April 1997 to Victory Realty Company Pte Ltd, parent: Far East Organization & Zircon Land Pte Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Geylang East Avenue 1 | Condominium | 11,080.8 m² | 33,242.28 m² | Victory Realty Company Pte Ltd, parent: Far East Organization & Zircon Land Pte Ltd | S$92,080,000(S$2,769.97) |
As listed at the close of 6 March 1997 (ura-list-1996-geylang-east-avenue-1-close), with the outcome the award of 21 April 1997 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Victory Realty Company Pte Ltd, parent: Far East Organization & Zircon Land Pte Ltd | S$92,080,000 | S$2,769.97 | S$257 | 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
AwardedGeylang East Avenue 1: awarded to Victory Realty Company Pte Ltd & Zircon Land Pte 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
Victory Realty Company Pte Ltd, parent: Far East Organization & Zircon Land Pte Ltd, S$92,080,000 (S$2,769.97 psm GFA, about S$257 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
6 March 1997
Tender closedGeylang East Avenue 1: tender closed with 9 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$92,080,000 (S$2,769.97 psm GFA) from Victory Realty Company Pte Ltd, parent: Far East Organization & Zircon Land Pte Ltd.
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
18 December 1996
Launched for tenderGeylang East Avenue 1: 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
- 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 9 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 11,080.8 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 33,242 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Residential (Non-Landed)
- Planning area: Geylang
- Facts as stated on
- 18 December 1996
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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