Marina View / Park Street

Awarded

White Site (Commercial / Hotel / Residential). URA sale site, built as Asia Square Tower 2 / The Westin Singapore.

[ Award ]

S$952,888,888

S$8,389.58 psm GFA, about S$779 psf ppr (derived). Awarded 5 December 2007 to MGP Kimi Pte. Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Marina View / Park Street	White Site (Commercial / Hotel / Residential)	8,735.7 m²	113,580 m²	MGP Kimi Pte. Limited	S$952,888,888(S$8,389.58)

[ The one tender received ]

As listed at the close of 13 November 2007 (ura-list-2007-marina-view-park-street-close), with the outcome the award of 5 December 2007 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	MGP Kimi Pte. Limited	S$952,888,888	S$8,389.58	S$779	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.

5 December 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 Kimi Pte. Limited, S$952,888,888 (S$8,389.58 psm GFA, about S$779 psf ppr).

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

13 November 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$952,888,888 (S$8,389.58 psm GFA) from MGP Kimi Pte. Limited.

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

31 July 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 2 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 8,735.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 113,580 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Downtown Core
Facts as stated on: 31 July 2007