South Bridge Road / Cross Street

Awarded

Commercial or Commercial & Residential or Hotel. URA sale site, built as China Square Central.

[ Award ]

S$308,000,100

S$6,343.98 psm GFA, about S$589 psf ppr (derived). Awarded 6 November 1996 to Merevale Holdings Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
South Bridge Road / Cross Street	Commercial or Commercial & Residential or Hotel	13,981.7 m²	48,550 m²	Merevale Holdings Pte Ltd	S$308,000,100(S$6,343.98)

[ The one tender received ]

As listed at the close of 9 October 1996 (ura-list-1996-south-bridge-road-cross-street-close), with the outcome the award of 6 November 1996 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Merevale Holdings Pte Ltd	S$308,000,100	S$6,343.98	S$589	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.

6 November 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

Merevale Holdings Pte Ltd, S$308,000,100 (S$6,343.98 psm GFA, about S$589 psf ppr).

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

9 October 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$308,000,100 (S$6,343.98 psm GFA) from Merevale Holdings Pte Ltd.

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

31 July 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 or 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 2 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 13,981.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 48,550 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Outram
Facts as stated on: 31 July 1996