[ Land sales ]

Balestier Road / Ah Hood Road

Awarded

Hotel integrated with Park. URA sale site, built as Ramada Singapore at Zhongshan Park / Hiap Hoe Building at Zhongshan Park / Zhongshan Mall / Days Hotel Singapore at Zhongshan Park.

[ Award ]

S$73,300,000

S$1,852.37 psm GFA, about S$172 psf ppr (derived). Awarded 7 August 2008 to HH Properties Pte. Ltd., parent: Hoi Hup Realty Pte. Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Balestier Road / Ah Hood RoadHotel integrated with Park17,661.4 m²39,571 m²HH Properties Pte. Ltd., parent: Hoi Hup Realty Pte. Ltd.S$73,300,000(S$1,852.37)
[ The one tender received ]

As listed at the close of 16 July 2008 (ura-list-2008-balestier-road-ah-hood-road-close), with the outcome the award of 7 August 2008 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1HH Properties Pte. Ltd., parent: Hoi Hup Realty Pte. Ltd.S$73,300,000S$1,852.37S$172Awarded

Press releases, latest first

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

7 August 2008

Awarded

Balestier Road / Ah Hood Road: awarded to HH Properties 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

HH Properties Pte. Ltd., parent: Hoi Hup Realty Pte. Ltd., S$73,300,000 (S$1,852.37 psm GFA, about S$172 psf ppr).

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

16 July 2008

Tender closed

Balestier Road / Ah Hood 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$73,300,000 (S$1,852.37 psm GFA) from HH Properties Pte. Ltd., parent: Hoi Hup Realty Pte. Ltd.

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

31 March 2008

Launched for tender

Balestier Road / Ah Hood 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
Hotel integrated with Park
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
17,661.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA
39,571 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Hotel
  • Planning area: Novena
Facts as stated on
31 March 2008

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