Pheng Geck Avenue / Tai Thong Crescent
AwardedResidential with Commercial at 1st storey. URA sale site, built as The Venue Residences / The Venue Shoppes.
S$245,000,000
S$8,535.99 psm GFA, about S$793 psf ppr (derived). Awarded 7 September 2012 to Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Pheng Geck Avenue / Tai Thong Crescent | Residential with Commercial at 1st storey | 8,200.3 m² | 28,702 m² | Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited | S$245,000,000(S$8,535.99) |
As listed at the close of 6 September 2012 (ura-list-2012-pheng-geck-avenue-tai-thong-crescent-8200-close), with the outcome the award of 7 September 2012 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited | S$245,000,000 | S$8,535.99 | S$793 | 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.
7 September 2012
AwardedPheng Geck Avenue / Tai Thong Crescent: awarded to Verwood Holdings Pte. Ltd. and Intrepid Investments 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
Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, S$245,000,000 (S$8,535.99 psm GFA, about S$793 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
6 September 2012
Tender closedPheng Geck Avenue / Tai Thong Crescent: tender closed with 8 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$245,000,000 (S$8,535.99 psm GFA) from Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
30 July 2012
Launched for tenderPheng Geck Avenue / Tai Thong Crescent: 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
- Residential with Commercial at 1st storey
- 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
- 8,200.3 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 28,702 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Residential with Commercial at 1st Sty
- Planning area: Toa Payoh
- Facts as stated on
- 30 July 2012
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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