Clemenceau Avenue / Unity Street

Awarded

Hotel. URA sale site, built as Park Hotel, Clarke Quay.

[ Award ]

S$55,500,000

S$5,019.90 psm GFA, about S$466 psf ppr (derived). Awarded 30 August 2006 to Parksing Property Pte. Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Clemenceau Avenue / Unity Street	Hotel	3,948.7 m²	11,056 m²	Parksing Property Pte. Limited	S$55,500,000(S$5,019.90)

[ The one tender received ]

As listed at the close of 22 August 2006 (ura-list-2006-clemenceau-avenue-unity-street-close), with the outcome the award of 30 August 2006 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Parksing Property Pte. Limited	S$55,500,000	S$5,019.90	S$466	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.

30 August 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

Parksing Property Pte. Limited, S$55,500,000 (S$5,019.90 psm GFA, about S$466 psf ppr).

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

22 August 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$55,500,000 (S$5,019.90 psm GFA) from Parksing Property Pte. Limited.

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

26 June 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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 3,948.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 11,056 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Singapore River
Facts as stated on: 26 June 2006