Ubi Avenue 3 / Ubi Road 3
AwardedLight Industry. URA sale site, built as Frontier / Focus One / Serial System Building / Kai Lim @ Ubi / Pioneers & Leaders Centre / E-park @ Ubi.
S$30,770,000
S$295.35 psm GFA, about S$27 psf ppr (derived). Awarded 6 October 1998 to Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Ubi Avenue 3 / Ubi Road 3 | Light Industry | 52,091.3 m² | 104,182.6 m² | Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land) | S$30,770,000(S$295.35) |
As listed at the close of 2 September 1998 (ura-list-1998-ubi-avenue-3-ubi-road-3-close), with the outcome the award of 6 October 1998 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land) | S$30,770,000 | S$295.35 | S$27 | 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 October 1998
AwardedUbi Avenue 3 / Ubi Road 3: awarded to Arcasia 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
Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land), S$30,770,000 (S$295.35 psm GFA, about S$27 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
2 September 1998
Tender closedUbi Avenue 3 / Ubi Road 3: tender closed with 1 bid, 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$30,770,000 (S$295.35 psm GFA) from Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
10 June 1998
Launched for tenderUbi Avenue 3 / Ubi Road 3: 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
- Light 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.[ura-list-vacant-sites-sold]
- Site area
- 52,091.3 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 104,183 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Industrial
- Permissible gross plot ratio: 2
- Planning area: Geylang
- Facts as stated on
- 10 June 1998
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