Prevo
[ Land sales ]

Marina Boulevard / Central Boulevard

Awarded

Development of a business and financial centre, with at least 60% of the maximum permissible GFA to be used for office. The remaining GFA may be used for complementary uses such as hotel, residential, recreation/entertainment.. URA sale site, built as Marina Bay Suites (Parcel A1) Marina Bay Financial Centre (Parcel A2) Marina Bay Residences (Part of Parcel A2) Marina Bay Link Mall (Parcel A4).

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[ Award ]

S$1,908,315,094.77

S$4,356.88 psm GFA (derived: the source published the price and no rate). Awarded 14 July 2005 to Bayfront Development Pte Ltd, parent: Las Vegas Sands Corp., Choicewide Group Limited and Sageland Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Marina Boulevard / Central BoulevardDevelopment of a business and financial centre, with at least 60% of the maximum permissible GFA to be used for office. The remaining GFA may be used for complementary uses such as hotel, residential, recreation/entertainment.35,515.2 m²438,000 m²Bayfront Development Pte Ltd, parent: Las Vegas Sands Corp., Choicewide Group Limited and Sageland Pte LtdS$1,908,315,094.77(S$4,356.88, derived)
[ The one tender received ]

As listed at the close of 7 July 2005 (ura-list-2005-marina-boulevard-central-boulevard-close), with the outcome the award of 14 July 2005 gave each.

RankTendererTendered priceOutcome
1Bayfront Development Pte Ltd, parent: Las Vegas Sands Corp., Choicewide Group Limited and Sageland Pte LtdThe list prints no rate; none is kept.S$1,908,315,094.77Awarded

Press releases, latest first

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

14 July 2005

Awarded

Marina Boulevard / Central Boulevard: awarded to Bayfront Development Pte Ltd, Choicewide Group Limited and Sageland 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

Bayfront Development Pte Ltd, parent: Las Vegas Sands Corp., Choicewide Group Limited and Sageland Pte Ltd, S$1,908,315,094.77 (S$4,356.88 psm GFA, derived: the source published the price and not the rate).

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

7 July 2005

Tender closed

Marina Boulevard / Central Boulevard: tender closed with 9 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$1,908,315,094.77 from Bayfront Development Pte Ltd, parent: Las Vegas Sands Corp., Choicewide Group Limited and Sageland Pte Ltd.

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

1 March 2005

Launched for tender

Marina Boulevard / Central Boulevard: 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
Development of a business and financial centre, with at least 60% of the maximum permissible GFA to be used for office. The remaining GFA may be used for complementary uses such as hotel, residential, recreation/entertainment.
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 9 bids and names only the successful tenderer. The list prints no rate; none is kept.[ura-list-vacant-sites-sold]
Site area
35,515.2 sqm[ura-list-vacant-sites-sold]
Maximum GFA
438,000 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): White Site
  • Planning area: Downtown Core
Facts as stated on
1 March 2005

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