Irwell Bank Road

Awarded

Residential. URA sale site, built as IRWELL HILL RESIDENCES.

[ Award ]

S$583,888,000

S$16,308.35 psm GFA, about S$1,515 psf ppr (derived). Awarded 14 January 2020 to CDL Perseus Pte. Ltd., parent: City Developments Limited

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Irwell Bank Road	Residential	12,786.5 m²	35,803 m²	CDL Perseus Pte. Ltd., parent: City Developments Limited	S$583,888,000(S$16,308.35)

[ The one tender received ]

As listed at the close of 9 January 2020 (ura-list-2019-irwell-bank-road-close), with the outcome the award of 14 January 2020 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	CDL Perseus Pte. Ltd., parent: City Developments Limited	S$583,888,000	S$16,308.35	S$1,515	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.

14 January 2020

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

CDL Perseus Pte. Ltd., parent: City Developments Limited, S$583,888,000 (S$16,308.35 psm GFA, about S$1,515 psf ppr).

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

9 January 2020

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$583,888,000 (S$16,308.35 psm GFA) from CDL Perseus Pte. Ltd., parent: City Developments Limited

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

31 October 2019

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 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 12,786.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 35,803 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: River Valley
Facts as stated on: 31 October 2019