[ Land sales ]

Paya Lebar Road / Eunos Road 8

Awarded

Commercial. URA sale site, built as Paya Lebar Square.

[ Award ]

S$585,586,000

S$9,387.85 psm GFA, about S$872 psf ppr (derived). Awarded 27 April 2011 to Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd, parent: Guthrie GTS Limited and Sun Venture Commercial Pte Ltd, parent: Sun Venture Group.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Paya Lebar Road / Eunos Road 8Commercial14,851.6 m²62,377 m²Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd, parent: Guthrie GTS Limited and Sun Venture Commercial Pte Ltd, parent: Sun Venture GroupS$585,586,000(S$9,387.85)
[ The one tender received ]

As listed at the close of 21 April 2011 (ura-list-2011-paya-lebar-road-eunos-road-8-close), with the outcome the award of 27 April 2011 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd, parent: Guthrie GTS Limited and Sun Venture Commercial Pte Ltd, parent: Sun Venture GroupS$585,586,000S$9,387.85S$872Awarded

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 April 2011

Awarded

Paya Lebar Road / Eunos Road 8: awarded to Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd and Sun Venture Commercial 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

Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd, parent: Guthrie GTS Limited and Sun Venture Commercial Pte Ltd, parent: Sun Venture Group, S$585,586,000 (S$9,387.85 psm GFA, about S$872 psf ppr).

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

21 April 2011

Tender closed

Paya Lebar Road / Eunos Road 8: tender closed with 10 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$585,586,000 (S$9,387.85 psm GFA) from Siong Feng Development Pte Ltd, Guthrie (PLC) Pte Ltd, parent: Guthrie GTS Limited and Sun Venture Commercial Pte Ltd, parent: Sun Venture Group.

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

27 January 2011

Launched for tender

Paya Lebar Road / Eunos Road 8: 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 10 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
14,851.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA
62,377 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Commercial
  • Planning area: Geylang
Facts as stated on
27 January 2011

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