[ Land sales ]

Admiralty Road West / Sembawang Drive

Awarded

Light Industry. URA sale site, built as Admirax / Food Xchange @ Admiralty / 8B @ Admiralty.

[ Award ]

S$42,800,000

S$271.91 psm GFA, about S$25 psf ppr (derived). Awarded 11 July 2000 to Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Admiralty Road West / Sembawang DriveLight Industry62,962.4 m²157,406 m²Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land)S$42,800,000(S$271.91)
[ The one tender received ]

As listed at the close of 15 June 2000 (ura-list-2000-admiralty-road-west-sembawang-drive-close), with the outcome the award of 11 July 2000 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Arcasia Land Pte Ltd, parent: CapitaLand Limited (formerly Arcasia Land; subsequently Ascendas Land)S$42,800,000S$271.91S$25Awarded

Press releases, latest first

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

11 July 2000

Awarded

Admiralty Road West / Sembawang Drive: 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$42,800,000 (S$271.91 psm GFA, about S$25 psf ppr).

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

15 June 2000

Tender closed

Admiralty Road West / Sembawang Drive: 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$42,800,000 (S$271.91 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)

23 March 2000

Launched for tender

Admiralty Road West / Sembawang Drive: 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.The list counts 3 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
62,962.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA
157,406 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Industrial
  • Permissible gross plot ratio: 2.5
  • Planning area: Sembawang
Facts as stated on
23 March 2000

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