Tuesday, September 25, 2012

Award of Tender for Residential Sites at Dairy Farm Road and Prince Charles Crescent

25 September 2012

Award of Tender for Residential Sites at
Dairy Farm Road and Prince Charles Crescent

The Urban Redevelopment Authority (URA) has awarded the residential sites at Dairy Farm Road and Prince Charles Crescent today.

Tender for the residential site at Dairy Farm Road was launched on 23 July 2012 and closed on 18 September 2012 while tender for the residential site at Prince Charles Crescent was launched on 23 August 2012 and closed on 20 September 2012. Both land parcels were offered for sale on 99-year lease terms.

Details of the sites and the successful tenderers are provided below. The companies had submitted the highest bids in the tender for the respective sites.

MAXIMUM GROSS FLOOR AREA (GFA)

TENDERED PRICE
($PSM of GFA)

First Shine Properties Pte Ltd and Meadows Bright Development Pte Ltd

Wingstar Investment Pte. Ltd., Metro Australia Holdings Pte Ltd and Maxdin Pte Ltd


View the original article here

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