Novena Terrace / Irrawaddy Road
AwardedHospital. URA sale site, built as Mount Elizabeth Novena Hospital.
S$1,246,200,389
S$17,224.61 psm GFA, about S$1,600 psf ppr (derived). Awarded 18 February 2008 to Parkway Novena Pte. Ltd., parent: IHH Healthcare Berhad & Parkway Irrawaddy Pte. Ltd., parent: IHH Healthcare Berhad
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Novena Terrace / Irrawaddy Road | Hospital | 17,226.2 m² | 72,350 m² | Parkway Novena Pte. Ltd., parent: IHH Healthcare Berhad & Parkway Irrawaddy Pte. Ltd., parent: IHH Healthcare Berhad | S$1,246,200,389(S$17,224.61) |
As listed at the close of 15 February 2008 (ura-list-2007-novena-terrace-irrawaddy-road-close), with the outcome the award of 18 February 2008 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Parkway Novena Pte. Ltd., parent: IHH Healthcare Berhad & Parkway Irrawaddy Pte. Ltd., parent: IHH Healthcare Berhad | S$1,246,200,389 | S$17,224.61 | S$1,600 | 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.
18 February 2008
AwardedNovena Terrace / Irrawaddy Road: awarded to Parkway Novena Pte. Ltd. & Parkway Irrawaddy 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
Parkway Novena Pte. Ltd., parent: IHH Healthcare Berhad & Parkway Irrawaddy Pte. Ltd., parent: IHH Healthcare Berhad, S$1,246,200,389 (S$17,224.61 psm GFA, about S$1,600 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
15 February 2008
Tender closedNovena Terrace / Irrawaddy Road: tender closed with 3 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$1,246,200,389 (S$17,224.61 psm GFA) from Parkway Novena Pte. Ltd., parent: IHH Healthcare Berhad & Parkway Irrawaddy Pte. Ltd., parent: IHH Healthcare Berhad
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
29 October 2007
Launched for tenderNovena Terrace / Irrawaddy 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
- Hospital
- 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
- 17,226.2 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 72,350 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Hospital
- Planning area: Novena
- Facts as stated on
- 29 October 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