Geylang East Avenue 1

Awarded

Residential. URA sale site, built as TRE RESIDENCES.

[ Award ]

S$145,890,000

S$8,352.32 psm GFA, about S$776 psf ppr (derived). Awarded 24 January 2014 to S L (Serangoon) Pte Ltd, parent: Sim Lian Group Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Geylang East Avenue 1	Residential	6,238.1 m²	17,467 m²	S L (Serangoon) Pte Ltd, parent: Sim Lian Group Limited	S$145,890,000(S$8,352.32)

[ The one tender received ]

As listed at the close of 23 January 2014 (ura-list-2013-geylang-east-avenue-1-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	S L (Serangoon) Pte Ltd, parent: Sim Lian Group Limited	S$145,890,000	S$8,352.32	S$776	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

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

S L (Serangoon) Pte Ltd, parent: Sim Lian Group Limited, S$145,890,000 (S$8,352.32 psm GFA, about S$776 psf ppr).

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

23 January 2014

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$145,890,000 (S$8,352.32 psm GFA) from S L (Serangoon) Pte Ltd, parent: Sim Lian Group Limited.

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

16 December 2013

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: 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 16 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 6,238.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 17,467 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Geylang
Facts as stated on: 16 December 2013