Printer-friendly versionNews Releases
7 December 2012
Award of tender for White site
at Thomson Road / Irrawaddy Road
The Urban Redevelopment Authority (URA) has awarded the tender for the White site at Thomson Road / Irrawaddy Road to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup J.V. Development Pte Ltd. The consortium submitted the highest bid in the tender for the site.
Tender for the White site was launched on 4 October 2012 and closed on 4 December 2012. The land parcel was offered for sale on a 99-year lease term. Details of the awarded land parcel and the successful tenderer are provided below:
LOCATION |
ALLOWABLE DEVELOPMENT |
SITE AREA |
MAXIMUM GROSS FLOOR AREA (GFA) |
SUCCESSFUL TENDERER |
TENDERED PRICE |
Thomson Road / Irrawaddy Road |
White Site |
6,676.8 m2 |
28,043 m2 |
Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup J.V. Development Pte Ltd |
$492,500,000 |
