Beach Road
AwardedCommercial with min. components for hotel and office uses and conservation and restoration of Blocks 1,9,14 for adaptive re-use. URA sale site, built as South Beach.
S$1,688,888,000
S$11,502.57 psm GFA, about S$1,069 psf ppr (derived). Awarded 10 September 2007 to Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore Pte. Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Beach Road | Commercial with min. components for hotel and office uses and conservation and restoration of Blocks 1,9,14 for adaptive re-use | 34,959 m² | 146,827 m² | Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore Pte. Ltd. | S$1,688,888,000(S$11,502.57) |
As listed at the close of 25 July 2007 (ura-list-2007-beach-road-close), with the outcome the award of 10 September 2007 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore Pte. Ltd. | S$1,688,888,000 | S$11,502.57 | S$1,069 | 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.
10 September 2007
AwardedBeach Road: awarded to Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore 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
Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore Pte. Ltd., S$1,688,888,000 (S$11,502.57 psm GFA, about S$1,069 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
25 July 2007
Tender closedBeach Road: tender closed with 7 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$1,688,888,000 (S$11,502.57 psm GFA) from Scottsdale Properties Pte. Ltd., Istithmar Beach Road FZE and Elad Group Singapore Pte. Ltd.
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
6 March 2007
Launched for tenderBeach 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 with min. components for hotel and office uses and conservation and restoration of Blocks 1,9,14 for adaptive re-use
- 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
- 34,959 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 146,827 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Downtown Core
- Facts as stated on
- 6 March 2007
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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