Raffles Link / Raffles Boulevard / Nicoll Highway
AwardedCommercial or Commercial & Residential or Hotel with underground shopping mall. URA sale site.
S$292,005,000
S$7,947.92 psm GFA, about S$738 psf ppr (derived). Awarded 16 September 1996 to HKL (Marina) Ltd, parent: Hongkong Land Holdings Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Raffles Link / Raffles Boulevard / Nicoll Highway | Commercial or Commercial & Residential or Hotel with underground shopping mall | 17,992.6 m² | 36,739.8 m² | HKL (Marina) Ltd, parent: Hongkong Land Holdings Limited | S$292,005,000(S$7,947.92) |
As listed at the close of 15 August 1996 (ura-list-1996-raffles-link-raffles-boulevard-nicoll-highway-close), with the outcome the award of 16 September 1996 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | HKL (Marina) Ltd, parent: Hongkong Land Holdings Limited | S$292,005,000 | S$7,947.92 | S$738 | 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.
16 September 1996
AwardedRaffles Link / Raffles Boulevard / Nicoll Highway: awarded to HKL (Marina) 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
HKL (Marina) Ltd, parent: Hongkong Land Holdings Limited, S$292,005,000 (S$7,947.92 psm GFA, about S$738 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
15 August 1996
Tender closedRaffles Link / Raffles Boulevard / Nicoll Highway: tender closed with 5 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$292,005,000 (S$7,947.92 psm GFA) from HKL (Marina) Ltd, parent: Hongkong Land Holdings Limited.
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
26 April 1996
Launched for tenderRaffles Link / Raffles Boulevard / Nicoll Highway: 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
- Commercial or Commercial & Residential or Hotel with underground shopping mall
- 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 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 17,992.6 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 36,740 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Downtown Core
- Facts as stated on
- 26 April 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