Martin Place

Awarded

Residential. URA sale site, built as MARTIN MODERN.

[ Award ]

S$595,100,000

S$13,336.47 psm GFA, about S$1,239 psf ppr (derived). Awarded 1 July 2016 to First Bedok Land Pte Ltd, parent: GuocoLand Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Martin Place	Residential	15,936.1 m²	44,622 m²	First Bedok Land Pte Ltd, parent: GuocoLand Limited	S$595,100,000(S$13,336.47)

[ The one tender received ]

As listed at the close of 28 June 2016 (ura-list-2016-martin-place-close), with the outcome the award of 1 July 2016 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	First Bedok Land Pte Ltd, parent: GuocoLand Limited	S$595,100,000	S$13,336.47	S$1,239	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 July 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

First Bedok Land Pte Ltd, parent: GuocoLand Limited, S$595,100,000 (S$13,336.47 psm GFA, about S$1,239 psf ppr).

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

28 June 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$595,100,000 (S$13,336.47 psm GFA) from First Bedok Land Pte Ltd, parent: GuocoLand Limited.

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

28 April 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 13 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 15,936.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 44,622 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: River Valley
Facts as stated on: 28 April 2016