Marina View / Commerce Street

Awarded

White Site (Commercial / Hotel / Residential). URA sale site, built as Asia Square Tower 1.

[ Award ]

S$2,018,888,988

S$15,165.93 psm GFA, about S$1,409 psf ppr (derived). Awarded 25 September 2007 to MGP Berth Pte. Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Marina View / Commerce Street	White Site (Commercial / Hotel / Residential)	10,238.4 m²	133,120 m²	MGP Berth Pte. Limited	S$2,018,888,988(S$15,165.93)

[ The one tender received ]

As listed at the close of 19 September 2007 (ura-list-2007-marina-view-commerce-street-close), with the outcome the award of 25 September 2007 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	MGP Berth Pte. Limited	S$2,018,888,988	S$15,165.93	S$1,409	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.

25 September 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

MGP Berth Pte. Limited, S$2,018,888,988 (S$15,165.93 psm GFA, about S$1,409 psf ppr).

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

19 September 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$2,018,888,988 (S$15,165.93 psm GFA) from MGP Berth Pte. Limited.

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

30 May 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: White Site (Commercial / Hotel / Residential)
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 3 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 10,238.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 133,120 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Downtown Core
Facts as stated on: 30 May 2007