Hougang Avenue 2

Awarded

Residential. URA sale site, built as TERRASSE.

[ Award ]

S$207,500,000

S$4,908.45 psm GFA, about S$456 psf ppr (derived). Awarded 25 May 2010 to MCL Land (Serangoon) Pte Ltd, parent: MCL Land Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Hougang Avenue 2	Residential	30,195.5 m²	42,274 m²	MCL Land (Serangoon) Pte Ltd, parent: MCL Land Limited	S$207,500,000(S$4,908.45)

[ The one tender received ]

As listed at the close of 20 May 2010 (ura-list-2010-hougang-avenue-2-close), with the outcome the award of 25 May 2010 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	MCL Land (Serangoon) Pte Ltd, parent: MCL Land Limited	S$207,500,000	S$4,908.45	S$456	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.

25 May 2010

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

MCL Land (Serangoon) Pte Ltd, parent: MCL Land Limited, S$207,500,000 (S$4,908.45 psm GFA, about S$456 psf ppr).

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

20 May 2010

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$207,500,000 (S$4,908.45 psm GFA) from MCL Land (Serangoon) Pte Ltd, parent: MCL Land Limited.

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

20 April 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: Residential
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: 30,195.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 42,274 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Hougang
Facts as stated on: 20 April 2010