Short Street

Awarded

Hotel. URA sale site, built as Parc Sovereign Hotel.

[ Award ]

S$15,510,000

S$3,804.27 psm GFA, about S$353 psf ppr (derived). Awarded 16 June 2009 to Fragrance Assets Pte Ltd, parent: Fragrance Group Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Short Street	Hotel	1,164.6 m²	4,077 m²	Fragrance Assets Pte Ltd, parent: Fragrance Group Limited	S$15,510,000(S$3,804.27)

[ The one tender received ]

As listed at the close of 10 June 2009 (ura-list-2009-short-street-close), with the outcome the award of 16 June 2009 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Fragrance Assets Pte Ltd, parent: Fragrance Group Limited	S$15,510,000	S$3,804.27	S$353	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.

16 June 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

Fragrance Assets Pte Ltd, parent: Fragrance Group Limited, S$15,510,000 (S$3,804.27 psm GFA, about S$353 psf ppr).

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

10 June 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$15,510,000 (S$3,804.27 psm GFA) from Fragrance Assets Pte Ltd, parent: Fragrance Group Limited.

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

15 April 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: Hotel
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 15 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 1,164.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 4,077 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Rochor
Facts as stated on: 15 April 2009