Simei Street 3

Awarded

Residential. URA sale site, built as MY MANHATTAN.

[ Award ]

S$152,688,000

S$5,629.26 psm GFA, about S$523 psf ppr (derived). Awarded 14 May 2010 to CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Simei Street 3	Residential	11,793 m²	27,124 m²	CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd	S$152,688,000(S$5,629.26)

[ The one tender received ]

As listed at the close of 11 May 2010 (ura-list-2010-simei-street-3-close), with the outcome the award of 14 May 2010 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd	S$152,688,000	S$5,629.26	S$523	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 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

CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd, S$152,688,000 (S$5,629.26 psm GFA, about S$523 psf ppr).

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

11 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$152,688,000 (S$5,629.26 psm GFA) from CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd.

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

23 March 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 18 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 11,793 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 27,124 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Tampines
Facts as stated on: 23 March 2010