Fairy Point Hill

Awarded

Recreation Club, Hotel or Holiday Chalet. URA sale site, built as Changi Cove.

[ Award ]

S$25,500,000

S$1,530.52 psm GFA, about S$142 psf ppr (derived). Awarded 22 June 2007 to HG Poperties Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Fairy Point Hill	Recreation Club, Hotel or Holiday Chalet	41,796.6 m²	16,661 m²	HG Poperties Pte Ltd	S$25,500,000(S$1,530.52)

[ The one tender received ]

As listed at the close of 20 June 2007 (ura-list-2007-fairy-point-hill-close), with the outcome the award of 22 June 2007 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	HG Poperties Pte Ltd	S$25,500,000	S$1,530.52	S$142	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.

22 June 2007

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

HG Poperties Pte Ltd, S$25,500,000 (S$1,530.52 psm GFA, about S$142 psf ppr).

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

20 June 2007

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$25,500,000 (S$1,530.52 psm GFA) from HG Poperties Pte Ltd.

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

28 March 2007

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: Recreation Club, Hotel or Holiday Chalet
Tenure: 45 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 2 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 41,796.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 16,661 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Recreation
Planning area: Changi
Facts as stated on: 28 March 2007