Simon Road

Awarded

Condominium or Flats (Serviced apartments will be allowed). URA sale site, built as KOVAN RESIDENCES.

[ Award ]

S$290,018,888

S$4,699.02 psm GFA, about S$437 psf ppr (derived). Awarded 3 October 2007 to Duke Development Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Simon Road	Condominium or Flats (Serviced apartments will be allowed)	17,634.1 m²	61,719 m²	Duke Development Pte Ltd	S$290,018,888(S$4,699.02)

[ The one tender received ]

As listed at the close of 2 October 2007 (ura-list-2007-simon-road-close), with the outcome the award of 3 October 2007 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Duke Development Pte Ltd	S$290,018,888	S$4,699.02	S$437	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.

3 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

Duke Development Pte Ltd, S$290,018,888 (S$4,699.02 psm GFA, about S$437 psf ppr).

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

2 October 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$290,018,888 (S$4,699.02 psm GFA) from Duke Development Pte Ltd.

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

7 August 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: Condominium or Flats (Serviced apartments will be allowed)
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 6 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 17,634.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 61,719 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Hougang
Facts as stated on: 7 August 2007