Race Course Road / Rangoon Road

Awarded

White Site (Hotel / Commercial / Residential / Hospital use) with at least 40% of the max perm GFA for hotel use. URA sale site, built as Connexion.

[ Award ]

S$265,265,000

S$4,635.47 psm GFA, about S$431 psf ppr (derived). Awarded 1 October 2007 to Singapore Healthpartners Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Race Course Road / Rangoon Road	White Site (Hotel / Commercial / Residential / Hospital use) with at least 40% of the max perm GFA for hotel use	13,625 m²	57,225 m²	Singapore Healthpartners Pte Ltd	S$265,265,000(S$4,635.47)

[ The one tender received ]

As listed at the close of 27 September 2007 (ura-list-2007-race-course-road-rangoon-road-close), with the outcome the award of 1 October 2007 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Singapore Healthpartners Pte Ltd	S$265,265,000	S$4,635.47	S$431	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.

1 October 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

Singapore Healthpartners Pte Ltd, S$265,265,000 (S$4,635.47 psm GFA, about S$431 psf ppr).

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

27 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$265,265,000 (S$4,635.47 psm GFA) from Singapore Healthpartners Pte Ltd.

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

5 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 (Hotel / Commercial / Residential / Hospital use) with at least 40% of the max perm GFA for hotel 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 2 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 13,625 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 57,225 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): White Site
Planning area: Rochor
Facts as stated on: 5 July 2007