Wednesday, October 17, 2012

Tender closing for hotel or commercial & residential site at Victoria Street / Jalan Sultan

Tender closing for hotel or commercial & residential site
at Victoria Street / Jalan Sultan

The Urban Redevelopment Authority (URA) closed the tender for the sale site at Victoria Street / Jalan Sultan today.

The site at Victoria Street / Jalan Sultan was launched for public tender on 16 August 2012. It was originally on the Reserve List of the Government Land Sales Programme. URA had, on 1 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 99-year lease term.

Please see Annex A for details of the site and tender bids received.

This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.


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