Jiak Kim Street

Awarded

Residential with Commercial at 1st storey. URA sale site, built as Riviere / Fraser Residence Promenade, Singapore.

[ Award ]

S$955,407,818

S$18,649.02 psm GFA, about S$1,733 psf ppr (derived). Awarded 8 December 2017 to FCL Residences Pte. Ltd., parent: Frasers Property Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Jiak Kim Street	Residential with Commercial at 1st storey	13,481.7 m²	51,231 m²	FCL Residences Pte. Ltd., parent: Frasers Property Limited	S$955,407,818(S$18,649.02)

[ The one tender received ]

As listed at the close of 5 December 2017 (ura-list-2017-jiak-kim-street-close), with the outcome the award of 8 December 2017 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	FCL Residences Pte. Ltd., parent: Frasers Property Limited	S$955,407,818	S$18,649.02	S$1,733	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.

8 December 2017

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

FCL Residences Pte. Ltd., parent: Frasers Property Limited, S$955,407,818 (S$18,649.02 psm GFA, about S$1,733 psf ppr).

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

5 December 2017

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$955,407,818 (S$18,649.02 psm GFA) from FCL Residences Pte. Ltd., parent: Frasers Property Limited

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

19 October 2017

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 with Commercial at 1st storey
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 10 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 13,481.7 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 51,231 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential with Commercial at 1st Sty
Planning area: Singapore River
Facts as stated on: 19 October 2017