Pasir Ris Drive 3

Awarded

Residential. URA sale site, built as Vue 8 Res.

[ Award ]

S$210,999,000

S$4,502.08 psm GFA, about S$418 psf ppr (derived). Awarded 11 June 2012 to Capital Development Pte. Ltd., parent: CapitaLand Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Pasir Ris Drive 3	Residential	22,317.4 m²	46,867 m²	Capital Development Pte. Ltd., parent: CapitaLand Limited	S$210,999,000(S$4,502.08)

[ The one tender received ]

As listed at the close of 5 June 2012 (ura-list-2012-pasir-ris-drive-3-close), with the outcome the award of 11 June 2012 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Capital Development Pte. Ltd., parent: CapitaLand Limited	S$210,999,000	S$4,502.08	S$418	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.

11 June 2012

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

Capital Development Pte. Ltd., parent: CapitaLand Limited, S$210,999,000 (S$4,502.08 psm GFA, about S$418 psf ppr).

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

5 June 2012

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$210,999,000 (S$4,502.08 psm GFA) from Capital Development Pte. Ltd., parent: CapitaLand Limited

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

16 April 2012

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 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 22,317.4 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 46,867 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Pasir Ris
Facts as stated on: 16 April 2012