Beach Road
AwardedCommercial. URA sale site, built as Midtown Suite, Guoco Midtown, Midtown House @ Old Police Station.
S$1,622,000,000
S$18,366.49 psm GFA, about S$1,706 psf ppr (derived). Awarded 3 October 2017 to GLL Prosper Pte. Ltd., parent: GuocoLand Limited and GLL Thrive Pte. Ltd., parent: GuocoLand Limited
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Beach Road | Commercial | 21,026.9 m² | 88,313 m² | GLL Prosper Pte. Ltd., parent: GuocoLand Limited and GLL Thrive Pte. Ltd., parent: GuocoLand Limited | S$1,622,000,000(S$18,366.49) |
As listed at the close of 28 September 2017 (ura-list-2017-beach-road-close), with the outcome the award of 3 October 2017 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | GLL Prosper Pte. Ltd., parent: GuocoLand Limited and GLL Thrive Pte. Ltd., parent: GuocoLand Limited | S$1,622,000,000 | S$18,366.49 | S$1,706 | 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.
3 October 2017
AwardedBeach Road: awarded to GLL Prosper Pte. Ltd. and GLL Thrive 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
GLL Prosper Pte. Ltd., parent: GuocoLand Limited and GLL Thrive Pte. Ltd., parent: GuocoLand Limited, S$1,622,000,000 (S$18,366.49 psm GFA, about S$1,706 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
28 September 2017
Tender closedBeach Road: tender closed with 5 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$1,622,000,000 (S$18,366.49 psm GFA) from GLL Prosper Pte. Ltd., parent: GuocoLand Limited and GLL Thrive Pte. Ltd., parent: GuocoLand Limited
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
6 July 2017
Launched for tenderBeach 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
- 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 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 21,026.9 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 88,313 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Commercial
- Planning area: Downtown Core
- Facts as stated on
- 6 July 2017
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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