Cecil Street / Telok Ayer Street
AwardedCommercial and open space (residential use will not be allowed). URA sale site, built as Frasers Tower.
S$923,952,040
S$11,974.18 psm GFA, about S$1,112 psf ppr (derived). Awarded 19 August 2013 to FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), parent: Frasers Property Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Cecil Street / Telok Ayer Street | Commercial and open space (residential use will not be allowed) | 7,603.2 m² | 77,162 m² | FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), parent: Frasers Property Limited | S$923,952,040(S$11,974.18) |
As listed at the close of 15 August 2013 (ura-list-2013-cecil-street-telok-ayer-street-close), with the outcome the award of 19 August 2013 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), parent: Frasers Property Limited | S$923,952,040 | S$11,974.18 | S$1,112 | 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.
19 August 2013
AwardedCecil Street / Telok Ayer Street: awarded to FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), 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
FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), parent: Frasers Property Limited, S$923,952,040 (S$11,974.18 psm GFA, about S$1,112 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
15 August 2013
Tender closedCecil Street / Telok Ayer Street: tender closed with 4 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$923,952,040 (S$11,974.18 psm GFA) from FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust), parent: Frasers Property Limited.
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
18 June 2013
Launched for tenderCecil Street / Telok Ayer Street: 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
- Commercial and open space (residential use will not be allowed)
- 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 4 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 7,603.2 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 77,162 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Downtown Core
- Facts as stated on
- 18 June 2013
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