[ Land sales ]

Ubi Road 1

Awarded

Business 1. URA sale site, built as Oxley Bizhub.

[ Award ]

S$158,100,000

Awarded 17 August 2010 to Oxley Rising Pte Ltd, parent: Oxley Holdings Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Ubi Road 1Business 134,852.6 m²Not statedOxley Rising Pte Ltd, parent: Oxley Holdings LimitedS$158,100,000
[ The one tender received ]

As listed at the close of 11 August 2010 (ura-list-2010-ubi-road-1-close), with the outcome the award of 17 August 2010 gave each.

RankTendererTendered priceOutcome
1Oxley Rising Pte Ltd, parent: Oxley Holdings LimitedThe list prints S$1814.50 per square metre against a GPR of 2.5 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.S$158,100,000Awarded

Press releases, latest first

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

17 August 2010

Awarded

Ubi Road 1: awarded to Oxley Rising 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

Oxley Rising Pte Ltd, parent: Oxley Holdings Limited, S$158,100,000.

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

11 August 2010

Tender closed

Ubi Road 1: tender closed with 11 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$158,100,000 from Oxley Rising Pte Ltd, parent: Oxley Holdings Limited.

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

15 June 2010

Launched for tender

Ubi Road 1: 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
Business 1
Tenure
60 yearsNot the 99-year term of an ordinary residential GLS parcel.
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 11 bids and names only the successful tenderer. The list prints S$1814.50 per square metre against a GPR of 2.5 and no GFA: a rate on site area times GPR, which the list does not state, so it is not kept as a rate.[ura-list-vacant-sites-sold]
Site area
34,852.6 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Industrial
  • Permissible gross plot ratio: 2.5
  • Planning area: Geylang
Facts as stated on
15 June 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