Gopeng Street / Peck Seah Street

Awarded

Hotel. URA sale site, built as Oasia Downtown Hotel.

[ Award ]

S$194,770,000

S$10,031.42 psm GFA, about S$932 psf ppr (derived). Awarded 14 January 2011 to Golden Development Private Limited, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Gopeng Street / Peck Seah Street	Hotel	2,311.4 m²	19,416 m²	Golden Development Private Limited, parent: Far East Organization	S$194,770,000(S$10,031.42)

[ The one tender received ]

As listed at the close of 11 January 2011 (ura-list-2010-gopeng-street-peck-seah-street-close), with the outcome the award of 14 January 2011 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Golden Development Private Limited, parent: Far East Organization	S$194,770,000	S$10,031.42	S$932	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.

14 January 2011

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

Golden Development Private Limited, parent: Far East Organization, S$194,770,000 (S$10,031.42 psm GFA, about S$932 psf ppr).

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

11 January 2011

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$194,770,000 (S$10,031.42 psm GFA) from Golden Development Private Limited, parent: Far East Organization.

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

15 November 2010

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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 2,311.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 19,416 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Outram
Facts as stated on: 15 November 2010