East Coast Road

Awarded

Hotel. URA sale site, built as Katong Square / Holiday Inn Express Singapore Katong.

[ Award ]

S$352,800,000

S$14,274.15 psm GFA, about S$1,326 psf ppr (derived). Awarded 24 January 2014 to Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
East Coast Road	Hotel	8,238.5 m²	24,716 m²	Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited	S$352,800,000(S$14,274.15)

[ The one tender received ]

As listed at the close of 21 January 2014 (ura-list-2013-east-coast-road-close), with the outcome the award of 24 January 2014 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited	S$352,800,000	S$14,274.15	S$1,326	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.

24 January 2014

Awarded

East Coast Road: awarded to Master Contract Services Pte Ltd and Keong Hong Construction 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

Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited, S$352,800,000 (S$14,274.15 psm GFA, about S$1,326 psf ppr).

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

21 January 2014

Tender closed

East Coast Road: 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$352,800,000 (S$14,274.15 psm GFA) from Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited.

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

22 November 2013

Launched for tender

East Coast 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: Hotel
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: 8,238.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 24,716 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Hotel
Planning area: Marine Parade
Facts as stated on: 22 November 2013

Sources

Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backed
Original 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