Flora Drive

Awarded

Residential. URA sale site, built as PARC OLYMPIA.

[ Award ]

S$163,000,000

S$3,887.52 psm GFA, about S$361 psf ppr (derived). Awarded 25 October 2011 to Realty Consortium Pte. Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Flora Drive	Residential	29,949 m²	41,929 m²	Realty Consortium Pte. Ltd	S$163,000,000(S$3,887.52)

[ The one tender received ]

As listed at the close of 19 October 2011 (ura-list-2011-flora-drive-29949-close), with the outcome the award of 25 October 2011 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Realty Consortium Pte. Ltd	S$163,000,000	S$3,887.52	S$361	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 October 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

Realty Consortium Pte. Ltd, S$163,000,000 (S$3,887.52 psm GFA, about S$361 psf ppr).

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

19 October 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$163,000,000 (S$3,887.52 psm GFA) from Realty Consortium Pte. Ltd.

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

25 August 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 8 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 29,949 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 41,929 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Pasir Ris
Facts as stated on: 25 August 2011