[ Land sales ]

New Bridge Road / North Canal Road

Awarded

Commercial. URA sale site.

[ Award ]

S$43,999,999.99

S$8,163.27 psm GFA, about S$758 psf ppr (derived). Awarded 16 February 2007 to Kim Eng Properties Pte Ltd, parent: Maybank Kim Eng / Malayan Banking Berhad.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
New Bridge Road / North Canal RoadCommercial1,283.3 m²5,390 m²Kim Eng Properties Pte Ltd, parent: Maybank Kim Eng / Malayan Banking BerhadS$43,999,999.99(S$8,163.27)
[ The one tender received ]

As listed at the close of 14 February 2007 (ura-list-2006-new-bridge-road-north-canal-road-close), with the outcome the award of 16 February 2007 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Kim Eng Properties Pte Ltd, parent: Maybank Kim Eng / Malayan Banking BerhadS$43,999,999.99S$8,163.27S$758Awarded

Press releases, latest first

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

16 February 2007

Awarded

New Bridge Road / North Canal Road: awarded to Kim Eng Properties 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

Kim Eng Properties Pte Ltd, parent: Maybank Kim Eng / Malayan Banking Berhad, S$43,999,999.99 (S$8,163.27 psm GFA, about S$758 psf ppr).

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

14 February 2007

Tender closed

New Bridge Road / North Canal Road: tender closed with 11 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$43,999,999.99 (S$8,163.27 psm GFA) from Kim Eng Properties Pte Ltd, parent: Maybank Kim Eng / Malayan Banking Berhad.

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

21 December 2006

Launched for tender

New Bridge Road / North Canal Road: 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
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 11 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
1,283.3 sqm[ura-list-vacant-sites-sold]
Maximum GFA
5,390 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Commercial
  • Planning area: Singapore River
Facts as stated on
21 December 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