Syed Alwi Road

Awarded

Commercial. URA sale site.

[ Award ]

S$14,350,000

S$6,996.59 psm GFA, about S$650 psf ppr (derived). Awarded 8 December 1997 to Mustafa's Pte Ltd, parent: Mustafa Group.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Syed Alwi Road	Commercial	683.7 m²	2,051 m²	Mustafa's Pte Ltd, parent: Mustafa Group	S$14,350,000(S$6,996.59)

[ The one tender received ]

As listed at the close of 19 November 1997 (ura-list-1997-syed-alwi-road-close), with the outcome the award of 8 December 1997 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Mustafa's Pte Ltd, parent: Mustafa Group	S$14,350,000	S$6,996.59	S$650	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.

8 December 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

Mustafa's Pte Ltd, parent: Mustafa Group, S$14,350,000 (S$6,996.59 psm GFA, about S$650 psf ppr).

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

19 November 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$14,350,000 (S$6,996.59 psm GFA) from Mustafa's Pte Ltd, parent: Mustafa Group.

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

27 August 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: Commercial
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 8 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 683.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 2,051 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Commercial
Planning area: Kallang
Facts as stated on: 27 August 1997