Lorong 39 Geylang

Awarded

Apartment. URA sale site, built as SIMS RESIDENCES.

[ Award ]

S$44,720,000

S$2,777.29 psm GFA, about S$258 psf ppr (derived). Awarded 15 May 1997 to LKN Development Pet Ltd, parent: LKN Group.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Lorong 39 Geylang	Apartment	5,669.7 m²	16,102 m²	LKN Development Pet Ltd, parent: LKN Group	S$44,720,000(S$2,777.29)

[ The one tender received ]

As listed at the close of 9 April 1997 (ura-list-1997-lorong-39-geylang-close), with the outcome the award of 15 May 1997 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	LKN Development Pet Ltd, parent: LKN Group	S$44,720,000	S$2,777.29	S$258	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.

15 May 1997

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

LKN Development Pet Ltd, parent: LKN Group, S$44,720,000 (S$2,777.29 psm GFA, about S$258 psf ppr).

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

9 April 1997

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$44,720,000 (S$2,777.29 psm GFA) from LKN Development Pet Ltd, parent: LKN Group.

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

19 February 1997

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: Apartment
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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 5,669.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 16,102 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Geylang
Facts as stated on: 19 February 1997