Thomson Road / Irrawaddy Road
AwardedWhite. URA sale site, built as Royal Square at Novena.
S$492,500,000
S$17,562.32 psm GFA, about S$1,632 psf ppr (derived). Awarded 7 December 2012 to Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd., parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd..
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Thomson Road / Irrawaddy Road | White | 6,676.8 m² | 28,043 m² | Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd., parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd. | S$492,500,000(S$17,562.32) |
As listed at the close of 4 December 2012 (ura-list-2012-thomson-road-irrawaddy-road-close), with the outcome the award of 7 December 2012 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd., parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd. | S$492,500,000 | S$17,562.32 | S$1,632 | 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 December 2012
AwardedThomson Road / Irrawaddy Road: awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd. and Hoi Hup J.V. Development 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
Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd., parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd., S$492,500,000 (S$17,562.32 psm GFA, about S$1,632 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
4 December 2012
Tender closedThomson Road / Irrawaddy Road: tender closed with 9 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$492,500,000 (S$17,562.32 psm GFA) from Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd., parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd..
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
4 October 2012
Launched for tenderThomson Road / Irrawaddy Road: 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
- White
- 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 9 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 6,676.8 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 28,043 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): White Site
- Planning area: Novena
- Facts as stated on
- 4 October 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