Mohamed Sultan Road

Awarded

Hotel. URA sale site, built as Studio M Hotel.

[ Award ]

S$45,800,000

S$5,578.56 psm GFA, about S$518 psf ppr (derived). Awarded 28 November 2006 to Republic Hotels & Resorts Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Mohamed Sultan Road	Hotel	2,932.1 m²	8,210 m²	Republic Hotels & Resorts Limited	S$45,800,000(S$5,578.56)

[ The one tender received ]

As listed at the close of 21 November 2006 (ura-list-2006-mohamed-sultan-road-close), with the outcome the award of 28 November 2006 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Republic Hotels & Resorts Limited	S$45,800,000	S$5,578.56	S$518	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.

28 November 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

Republic Hotels & Resorts Limited, S$45,800,000 (S$5,578.56 psm GFA, about S$518 psf ppr).

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

21 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$45,800,000 (S$5,578.56 psm GFA) from Republic Hotels & Resorts Limited.

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

25 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 6 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 2,932.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 8,210 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Singapore River
Facts as stated on: 25 September 2006