Middle Road / Bencoolen Street

Awarded

Commercial & Residential or Hotel. URA sale site, built as SUNSHINE PLAZA.

[ Award ]

S$103,800,000

S$3,933.46 psm GFA, about S$365 psf ppr (derived). Awarded 20 December 1996 to City Developments Ltd & Hyundai Engineering & Construction Co Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Middle Road / Bencoolen Street	Commercial & Residential or Hotel	6,283 m²	26,389 m²	City Developments Ltd & Hyundai Engineering & Construction Co Ltd	S$103,800,000(S$3,933.46)

[ The one tender received ]

As listed at the close of 20 November 1996 (ura-list-1996-middle-road-bencoolen-street-close), with the outcome the award of 20 December 1996 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	City Developments Ltd & Hyundai Engineering & Construction Co Ltd	S$103,800,000	S$3,933.46	S$365	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.

20 December 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

City Developments Ltd & Hyundai Engineering & Construction Co Ltd, S$103,800,000 (S$3,933.46 psm GFA, about S$365 psf ppr).

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

20 November 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$103,800,000 (S$3,933.46 psm GFA) from City Developments Ltd & Hyundai Engineering & Construction Co Ltd.

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

28 August 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: Commercial & Residential or Hotel
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 3 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 6,283 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 26,389 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Commercial and Residential
Planning area: Rochor
Facts as stated on: 28 August 1996