Middle Road

Awarded

Residential with Commercial at 1st Storey. URA sale site, built as THE M.

[ Award ]

S$491,999,999

S$15,697.28 psm GFA, about S$1,458 psf ppr (derived). Awarded 5 April 2019 to Wingcharm Investment Pte. Ltd., parent: Wing Tai Holdings Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Middle Road	Residential with Commercial at 1st Storey	7,462.6 m²	31,343 m²	Wingcharm Investment Pte. Ltd., parent: Wing Tai Holdings Limited	S$491,999,999(S$15,697.28)

[ The one tender received ]

As listed at the close of 28 March 2019 (ura-list-2018-middle-road-close), with the outcome the award of 5 April 2019 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Wingcharm Investment Pte. Ltd., parent: Wing Tai Holdings Limited	S$491,999,999	S$15,697.28	S$1,458	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.

5 April 2019

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

Wingcharm Investment Pte. Ltd., parent: Wing Tai Holdings Limited, S$491,999,999 (S$15,697.28 psm GFA, about S$1,458 psf ppr).

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

28 March 2019

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$491,999,999 (S$15,697.28 psm GFA) from Wingcharm Investment Pte. Ltd., parent: Wing Tai Holdings Limited

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

30 November 2018

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: 7,462.6 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 31,343 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential with Commercial at 1st Sty
Planning area: Downtown Core
Facts as stated on: 30 November 2018