Bencoolen Street

Awarded

Hotel. URA sale site, built as Ibis Singapore on Bencoolen.

[ Award ]

S$73,000,000

S$4,859.22 psm GFA, about S$451 psf ppr (derived). Awarded 7 December 2006 to Lasalle Lao Singapore Pte. Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Bencoolen Street	Hotel	3,576.9 m²	15,023 m²	Lasalle Lao Singapore Pte. Ltd.	S$73,000,000(S$4,859.22)

[ The one tender received ]

As listed at the close of 30 November 2006 (ura-list-2006-bencoolen-street-close), with the outcome the award of 7 December 2006 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Lasalle Lao Singapore Pte. Ltd.	S$73,000,000	S$4,859.22	S$451	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.

7 December 2006

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

Lasalle Lao Singapore Pte. Ltd., S$73,000,000 (S$4,859.22 psm GFA, about S$451 psf ppr).

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

30 November 2006

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$73,000,000 (S$4,859.22 psm GFA) from Lasalle Lao Singapore Pte. Ltd.

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

28 September 2006

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: Hotel
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 8 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 3,576.9 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 15,023 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Rochor
Facts as stated on: 28 September 2006