Kaki Bukit Road 2

Awarded

Business 2. URA sale site, built as First East Centre.

[ Award ]

S$12,100,000

Awarded 17 August 2009 to KNG Development Pte Ltd, parent: KNG Group Pte. Ltd..

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Kaki Bukit Road 2	Business 2	10,719.5 m²	Not stated	KNG Development Pte Ltd, parent: KNG Group Pte. Ltd.	S$12,100,000

[ The one tender received ]

As listed at the close of 12 August 2009 (ura-list-2009-kaki-bukit-road-2-close), with the outcome the award of 17 August 2009 gave each.

Rank	Tenderer	Tendered price	Outcome
1	KNG Development Pte Ltd, parent: KNG Group Pte. Ltd.The list prints S$1128.78 per square metre against a GPR of 1 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.	S$12,100,000	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.

17 August 2009

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

KNG Development Pte Ltd, parent: KNG Group Pte. Ltd., S$12,100,000.

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

12 August 2009

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$12,100,000 from KNG Development Pte Ltd, parent: KNG Group Pte. Ltd..

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

14 July 2009

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: Business 2
Tenure: 30 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 18 bids and names only the successful tenderer. The list prints S$1128.78 per square metre against a GPR of 1 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.[ura-list-vacant-sites-sold]
Site area: 10,719.5 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Industrial
Permissible gross plot ratio: 1
Planning area: Bedok
Facts as stated on: 14 July 2009