Chestnut Avenue

Awarded

Residential. URA sale site, built as ECO Santuary.

[ Award ]

S$180,000,000

S$4,583.77 psm GFA, about S$426 psf ppr (derived). Awarded 30 November 2011 to S P Setia International (S) Pte Ltd, parent: S P Setia Berhad.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Chestnut Avenue	Residential	18,699.4 m²	39,269 m²	S P Setia International (S) Pte Ltd, parent: S P Setia Berhad	S$180,000,000(S$4,583.77)

[ The one tender received ]

As listed at the close of 24 November 2011 (ura-list-2011-chestnut-avenue-close), with the outcome the award of 30 November 2011 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	S P Setia International (S) Pte Ltd, parent: S P Setia Berhad	S$180,000,000	S$4,583.77	S$426	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.

30 November 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

S P Setia International (S) Pte Ltd, parent: S P Setia Berhad, S$180,000,000 (S$4,583.77 psm GFA, about S$426 psf ppr).

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

24 November 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$180,000,000 (S$4,583.77 psm GFA) from S P Setia International (S) Pte Ltd, parent: S P Setia Berhad.

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

15 September 2011

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 12 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 18,699.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 39,269 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bukit Panjang
Facts as stated on: 15 September 2011