Upper Serangoon Road

Awarded

Condominium. URA sale site, built as SUNGLADE.

[ Award ]

S$162,500,000

S$3,079.87 psm GFA, about S$286 psf ppr (derived). Awarded 11 July 2000 to DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Upper Serangoon Road	Condominium	18,843.7 m²	52,762 m²	DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd	S$162,500,000(S$3,079.87)

[ The one tender received ]

As listed at the close of 28 June 2000 (ura-list-2000-upper-serangoon-road-close), with the outcome the award of 11 July 2000 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd	S$162,500,000	S$3,079.87	S$286	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.

11 July 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

DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd, S$162,500,000 (S$3,079.87 psm GFA, about S$286 psf ppr).

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

28 June 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$162,500,000 (S$3,079.87 psm GFA) from DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd.

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

3 May 2000

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: Condominium
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 6 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 18,843.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 52,762 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Serangoon
Facts as stated on: 3 May 2000