Victoria Street / Jalan Sultan

Awarded

Hotel or Commercial & Residential. URA sale site, built as Hotel Boss.

[ Award ]

S$331,336,000

S$10,696.19 psm GFA, about S$994 psf ppr (derived). Awarded 16 October 2012 to Forward Land Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Victoria Street / Jalan Sultan	Hotel or Commercial & Residential	8,423.2 m²	30,977 m²	Forward Land Pte Ltd	S$331,336,000(S$10,696.19)

[ The one tender received ]

As listed at the close of 11 October 2012 (ura-list-2012-victoria-street-jalan-sultan-close), with the outcome the award of 16 October 2012 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Forward Land Pte Ltd	S$331,336,000	S$10,696.19	S$994	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.

16 October 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

Forward Land Pte Ltd, S$331,336,000 (S$10,696.19 psm GFA, about S$994 psf ppr).

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

11 October 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$331,336,000 (S$10,696.19 psm GFA) from Forward Land Pte Ltd.

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

16 August 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: Hotel or Commercial & 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 9 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 8,423.2 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 30,977 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Kallang
Facts as stated on: 16 August 2012