Mount Faber Road

Awarded

Condominium or Flats and/or Serviced Apartments. URA sale site, built as THE PEARL @ MOUNT FABER.

[ Award ]

S$68,100,000

S$3,070.89 psm GFA, about S$285 psf ppr (derived). Awarded 5 September 2002 to Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Mount Faber Road	Condominium or Flats and/or Serviced Apartments	10,560.1 m²	22,176 m²	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited	S$68,100,000(S$3,070.89)

[ The one tender received ]

As listed at the close of 3 September 2002 (ura-list-2002-mount-faber-road-close), with the outcome the award of 5 September 2002 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited	S$68,100,000	S$3,070.89	S$285	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.

5 September 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

Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited, S$68,100,000 (S$3,070.89 psm GFA, about S$285 psf ppr).

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

3 September 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$68,100,000 (S$3,070.89 psm GFA) from Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited.

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

6 August 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 or Flats and/or 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: 10,560.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 22,176 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bukit Merah
Facts as stated on: 6 August 2002