The particular Urban Redevelopment Authority (URA) has awarded the tenders for the sites from Dairy Farm Road in addition to Jalan Jurong Kechil to be able to UED Residential Pte. Limited and COHL Singapore Pte. Limited & CSC Terrain Group (Singapore) Pte. Limited. respectively. The companies possess submitted the greatest bids within the tenders for your 2 sites.

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The sites with Dairy Farm Road plus Jalan Jurong Kechil have been launched for tender upon 31 May 2018 and even 28 June 2018 correspondingly. The tenders for these kinds of sites closed on some September 2018. The area parcels were offered regarding sale on 99-year lease contract terms.

Information on the particular awarded land parcels plus the successful tenderers are supplied below:

LOCATION

ALLOWABLE DEVELOPMENT

SITE AREA

MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)

SUCCESSFUL TENDERER

TENDERED PRICE

($PSM of GFA)

Dairy Farm Road

Residential with Commercial at 1st Storey

19,647.7 m2

41,261 m2

UED Residential Pte. Ltd

$368,800,001

($8,938.22)

Jalan Jurong Kechil

Residential

14,234.9 m2

19,929 m2

COHL Singapore Pte. Limited & CSC Land Group (Singapore) Pte. Ltd.

$215,000,000

($10,788.30)

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