[ Land sales ]

Collyer Quay

Awarded

Commercial / Hotel. URA sale site, built as The Fullerton Heritage (Parcel A1), Custom House (Parcel A2) , The Fullerton Bay Hotel (Parcel AW).

[ Award ]

S$165,800,000

S$16,580.00 psm GFA, about S$1,540 psf ppr (derived). Awarded 18 December 2006 to Precious Treasure Pte. Ltd., parent: Far East Organization

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Collyer QuayCommercial / Hotel26,703.8 m²10,000 m²Precious Treasure Pte. Ltd., parent: Far East OrganizationS$165,800,000(S$16,580.00)
[ The one tender received ]

As listed at the close of 17 October 2006 (ura-list-2006-collyer-quay-close), with the outcome the award of 18 December 2006 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Precious Treasure Pte. Ltd., parent: Far East OrganizationS$165,800,000S$16,580.00S$1,540Awarded

Press releases, latest first

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

18 December 2006

Awarded

Collyer Quay: awarded to Precious Treasure 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

Precious Treasure Pte. Ltd., parent: Far East Organization, S$165,800,000 (S$16,580.00 psm GFA, about S$1,540 psf ppr).

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

17 October 2006

Tender closed

Collyer Quay: tender closed with 8 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$165,800,000 (S$16,580.00 psm GFA) from Precious Treasure Pte. Ltd., parent: Far East Organization

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

29 June 2006

Launched for tender

Collyer Quay: 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
Commercial / Hotel
Tenure
60 yearsNot the 99-year term of an ordinary residential GLS parcel.
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
26,703.8 sqm[ura-list-vacant-sites-sold]
Maximum GFA
10,000 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Commercial
  • Planning area: Downtown Core
Facts as stated on
29 June 2006

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