Paya Lebar Road / Sims Avenue

Awarded

Commercial. URA sale site, built as Paya Lebar Quarter / Park Place Residences at PLQ.

[ Award ]

S$1,671,688,888

S$10,145.65 psm GFA, about S$943 psf ppr (derived). Awarded 1 April 2015 to Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Paya Lebar Road / Sims Avenue	Commercial	39,230.7 m²	164,769 m²	Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd	S$1,671,688,888(S$10,145.65)

[ The one tender received ]

As listed at the close of 31 March 2015 (ura-list-2014-paya-lebar-road-sims-avenue-close), with the outcome the award of 1 April 2015 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd	S$1,671,688,888	S$10,145.65	S$943	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.

1 April 2015

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

Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd, S$1,671,688,888 (S$10,145.65 psm GFA, about S$943 psf ppr).

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

31 March 2015

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$1,671,688,888 (S$10,145.65 psm GFA) from Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd.

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

28 October 2014

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: Commercial
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 6 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 39,230.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 164,769 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Commercial
Planning area: Geylang
Facts as stated on: 28 October 2014