Pheng Geck Avenue / Tai Thong Crescent

Awarded

Residential. URA sale site, built as SANT RITZ.

[ Award ]

S$114,800,000

S$6,762.09 psm GFA, about S$628 psf ppr (derived). Awarded 4 July 2012 to Santarli Corporation Pte Ltd, parent: Santarli Group.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Pheng Geck Avenue / Tai Thong Crescent	Residential	4,850.5 m²	16,977 m²	Santarli Corporation Pte Ltd, parent: Santarli Group	S$114,800,000(S$6,762.09)

[ The one tender received ]

As listed at the close of 28 June 2012 (ura-list-2012-pheng-geck-avenue-tai-thong-crescent-4851-close), with the outcome the award of 4 July 2012 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Santarli Corporation Pte Ltd, parent: Santarli Group	S$114,800,000	S$6,762.09	S$628	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.

4 July 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

Santarli Corporation Pte Ltd, parent: Santarli Group, S$114,800,000 (S$6,762.09 psm GFA, about S$628 psf ppr).

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

28 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$114,800,000 (S$6,762.09 psm GFA) from Santarli Corporation Pte Ltd, parent: Santarli Group.

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

15 May 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 13 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 4,850.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 16,977 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Toa Payoh
Facts as stated on: 15 May 2012