Margaret Drive

Awarded

Residential. URA sale site, built as MARGARET VILLE.

[ Award ]

S$238,390,301

S$10,740.72 psm GFA, about S$998 psf ppr (derived). Awarded 12 December 2016 to MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Margaret Drive	Residential	4,809.8 m²	22,195 m²	MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited	S$238,390,301(S$10,740.72)

[ The one tender received ]

As listed at the close of 6 December 2016 (ura-list-2016-margaret-drive-close), with the outcome the award of 12 December 2016 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited	S$238,390,301	S$10,740.72	S$998	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.

12 December 2016

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

MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited, S$238,390,301 (S$10,740.72 psm GFA, about S$998 psf ppr).

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

6 December 2016

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$238,390,301 (S$10,740.72 psm GFA) from MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited

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

10 November 2016

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 14 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 4,809.8 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 22,195 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Queenstown
Facts as stated on: 10 November 2016