Boon Lay Way / Jurong West Street 51

Awarded

Condominium / Flats / Serviced Apartments. URA sale site, built as THE LAKESHORE.

[ Award ]

S$200,018,000

S$2,116.59 psm GFA, about S$197 psf ppr (derived). Awarded 26 August 2002 to Tanglin View Pte Ltd, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Boon Lay Way / Jurong West Street 51	Condominium / Flats / Serviced Apartments	27,000 m²	94,500 m²	Tanglin View Pte Ltd, parent: Far East Organization	S$200,018,000(S$2,116.59)

[ The one tender received ]

As listed at the close of 22 August 2002 (ura-list-2002-boon-lay-way-jurong-west-street-51-close), with the outcome the award of 26 August 2002 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Tanglin View Pte Ltd, parent: Far East Organization	S$200,018,000	S$2,116.59	S$197	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.

26 August 2002

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

Tanglin View Pte Ltd, parent: Far East Organization, S$200,018,000 (S$2,116.59 psm GFA, about S$197 psf ppr).

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

22 August 2002

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$200,018,000 (S$2,116.59 psm GFA) from Tanglin View Pte Ltd, parent: Far East Organization.

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

25 July 2002

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 / Flats / Serviced Apartments
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: 27,000 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 94,500 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Jurong West
Facts as stated on: 25 July 2002