Site Above Clarke Quay MRT Station

Awarded

White Site (Commercial and/or hotel and/or Residential (Serviced Apartment are allowed). URA sale site.

Not on the map: no sale-site boundary is published for this parcel.

[ Award ]

S$340,800,000

S$4,393.03 psm GFA, about S$408 psf ppr (derived). Awarded 21 February 2000 to Arts Associate Company Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Site Above Clarke Quay MRT Station	White Site (Commercial and/or hotel and/or Residential (Serviced Apartment are allowed)	15,302.3 m²	77,577.36 m²	Arts Associate Company Pte Ltd	S$340,800,000(S$4,393.03)

[ The one tender received ]

As listed at the close of 2 February 2000 (ura-list-1999-site-above-clarke-quay-mrt-station-close), with the outcome the award of 21 February 2000 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Arts Associate Company Pte Ltd	S$340,800,000	S$4,393.03	S$408	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.

21 February 2000

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

Arts Associate Company Pte Ltd, S$340,800,000 (S$4,393.03 psm GFA, about S$408 psf ppr).

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

2 February 2000

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$340,800,000 (S$4,393.03 psm GFA) from Arts Associate Company Pte Ltd.

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

29 September 1999

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: White Site (Commercial and/or hotel and/or Residential (Serviced Apartment are allowed)
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 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 15,302.3 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 77,577 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Singapore River
Facts as stated on: 29 September 1999