[ Land sales ]

Tuas South Avenue 5 / Tuas South Avenue 8

Awarded

General Industry. URA sale site, built as Westlink Techpark / Sparklewood Building / HS (2nd Link) Industrial Building.

[ Award ]

S$83,380,000

Awarded 2 August 1996 to Technology Parks Pte Ltd, parent: CapitaLand Limited, Lend Lease Asia Holdings Pte Ltd, parent: Lendlease Group & Singbus Land Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Tuas South Avenue 5 / Tuas South Avenue 8General Industry130,294 m²Not statedTechnology Parks Pte Ltd, parent: CapitaLand Limited, Lend Lease Asia Holdings Pte Ltd, parent: Lendlease Group & Singbus Land Pte LtdS$83,380,000
[ The one tender received ]

As listed at the close of 20 June 1996 (ura-list-1996-tuas-south-avenue-5-tuas-south-avenue-8-close), with the outcome the award of 2 August 1996 gave each.

RankTendererTendered priceOutcome
1Technology Parks Pte Ltd, parent: CapitaLand Limited, Lend Lease Asia Holdings Pte Ltd, parent: Lendlease Group & Singbus Land Pte LtdThe list prints S$457.10 per square metre against a GPR of 1.4 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.S$83,380,000Awarded

Press releases, latest first

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

2 August 1996

Awarded

Tuas South Avenue 5 / Tuas South Avenue 8: awarded to Technology Parks Pte Ltd, Lend Lease Asia Holdings Pte Ltd & Singbus 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

Technology Parks Pte Ltd, parent: CapitaLand Limited, Lend Lease Asia Holdings Pte Ltd, parent: Lendlease Group & Singbus Land Pte Ltd, S$83,380,000.

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

20 June 1996

Tender closed

Tuas South Avenue 5 / Tuas South Avenue 8: tender closed with 3 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$83,380,000 from Technology Parks Pte Ltd, parent: CapitaLand Limited, Lend Lease Asia Holdings Pte Ltd, parent: Lendlease Group & Singbus Land Pte Ltd.

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

28 March 1996

Launched for tender

Tuas South Avenue 5 / Tuas South Avenue 8: 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
General Industry
Tenure
60 yearsNot the 99-year term of an ordinary residential GLS parcel.
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. The list prints S$457.10 per square metre against a GPR of 1.4 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.[ura-list-vacant-sites-sold]
Site area
130,294 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Industrial
  • Permissible gross plot ratio: 1.4
  • Planning area: Tuas
Facts as stated on
28 March 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