Alexandra Road / Tiong Bahru Road

Awarded

Residential. URA sale site, built as The Metropolitan.

[ Award ]

S$179,988,000

S$3,770.50 psm GFA, about S$350 psf ppr (derived). Awarded 21 November 2005 to CRL Realty Pte Ltd and Lippo Group International Pte Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Alexandra Road / Tiong Bahru Road	Residential	9,742 m²	47,735.8 m²	CRL Realty Pte Ltd and Lippo Group International Pte Limited	S$179,988,000(S$3,770.50)

[ The one tender received ]

As listed at the close of 16 November 2005 (ura-list-2005-alexandra-road-tiong-bahru-road-close), with the outcome the award of 21 November 2005 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	CRL Realty Pte Ltd and Lippo Group International Pte Limited	S$179,988,000	S$3,770.50	S$350	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 November 2005

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

CRL Realty Pte Ltd and Lippo Group International Pte Limited, S$179,988,000 (S$3,770.50 psm GFA, about S$350 psf ppr).

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

16 November 2005

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$179,988,000 (S$3,770.50 psm GFA) from CRL Realty Pte Ltd and Lippo Group International Pte Limited.

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

18 October 2005

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: Residential
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 12 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 9,742 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 47,736 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bukit Merah
Facts as stated on: 18 October 2005