[ Land sales ]

Stamford Road / North Bridge Road

Awarded

Commercial. URA sale site, built as Capitol Piazza / Eden Residences Capitol.

[ Award ]

S$250,000,000

S$4,961.40 psm GFA, about S$461 psf ppr (derived). Awarded 27 October 2010 to Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium & Capitol Residential Development Pte. Ltd., parent: Perennial Holdings Private Limited / Pontiac Land Group consortium

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Stamford Road / North Bridge RoadCommercial14,311.1 m²50,389 m²Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium & Capitol Residential Development Pte. Ltd., parent: Perennial Holdings Private Limited / Pontiac Land Group consortiumS$250,000,000(S$4,961.40)
[ The one tender received ]

As listed at the close of 18 August 2010 (ura-list-2010-stamford-road-north-bridge-road-close), with the outcome the award of 27 October 2010 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium & Capitol Residential Development Pte. Ltd., parent: Perennial Holdings Private Limited / Pontiac Land Group consortiumS$250,000,000S$4,961.40S$461Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

27 October 2010

Awarded

Stamford Road / North Bridge Road: awarded to Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust) & Capitol Residential Development Pte. Ltd., as URA's list of vacant sites sold dates it

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

Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium & Capitol Residential Development Pte. Ltd., parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, S$250,000,000 (S$4,961.40 psm GFA, about S$461 psf ppr).

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

18 August 2010

Tender closed

Stamford Road / North Bridge Road: tender closed with 14 bids, as URA's list of vacant sites sold dates it

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$250,000,000 (S$4,961.40 psm GFA) from Capitol Retail Management Pte. Ltd. (as trustee-manager of Capitol Retail Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium, Capitol Hotel Management Pte. Ltd. (as trustee-manager of Capitol Hotel Trust), parent: Perennial Holdings Private Limited / Pontiac Land Group consortium & Capitol Residential Development Pte. Ltd., parent: Perennial Holdings Private Limited / Pontiac Land Group consortium

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

21 April 2010

Launched for tender

Stamford Road / North Bridge Road: launched for tender, as URA's list of vacant sites sold dates it

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)

Site facts

Selling authority
URA
Allowable development
Commercial
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 14 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
14,311.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA
50,389 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Commercial
  • Planning area: Downtown Core
Facts as stated on
21 April 2010

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold