[ Land sales ]

Scotts Road

Awarded

Transitional Office. URA sale site, built as Scotts Spazio.

[ Award ]

S$37,000,098

S$2,361.81 psm GFA, about S$219 psf ppr (derived). Awarded 27 August 2007 to Scotts Spazio Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Scotts RoadTransitional Office10,444.3 m²15,666 m²Scotts Spazio Pte LtdS$37,000,098(S$2,361.81)
[ The one tender received ]

As listed at the close of 22 August 2007 (ura-list-2007-scotts-road-close), with the outcome the award of 27 August 2007 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Scotts Spazio Pte LtdS$37,000,098S$2,361.81S$219Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

27 August 2007

Awarded

Scotts Road: awarded to Scotts Spazio 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

Scotts Spazio Pte Ltd, S$37,000,098 (S$2,361.81 psm GFA, about S$219 psf ppr).

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

22 August 2007

Tender closed

Scotts Road: tender closed with 11 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$37,000,098 (S$2,361.81 psm GFA) from Scotts Spazio Pte Ltd.

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

4 July 2007

Launched for tender

Scotts 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
Transitional Office
Tenure
15 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 11 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
10,444.3 sqm[ura-list-vacant-sites-sold]
Maximum GFA
15,666 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Transitional Office
  • Planning area: Newton
Facts as stated on
4 July 2007

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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