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FOR IMMEDIATE RELEASE
20 DECEMBER 1996, FRIDAY
Award Of Tenders For Anson Road / Bernam Street, Robinson Road and Middle Road / Bencoolen Street
- The Urban Redevelopment Authority (URA) has awarded the tenders for the commercial sites at Anson Road/Bernam Street, Robinson Road and Middle Road/Bencoolen Street to the respective highest tenderers.
- The land parcels were launched for sale on 28 Aug 96 and tender closed on 20 Nov 96. The land parcels are sold on 99-year leases.
- The particulars of the tender awarded are as follows:
| Land Parcel
| Location
| Site Area
(m2)
| GFA
| Successful Tenderer
| Type of Development
| Tendered Sales Price $(psm) *
|
| A
| Anson Rd / Bernam St
| 1,581.64
| 8,857.00
| Cosmopolitan Development Pte Ltd
| Commercial
| 53,381,180.00
(6,027.00)
|
| B
| Robinson Rd
| 803.20
| 8,996.00
| First Capital Corporation Ltd
| Commercial
| 87,324,600.00
(9,707.05)
|
| D
| Middle Rd / Bencoolen St
| 6,283.00
| 26,389.00
| City Developments Ltd and Hyundai Engineering & Construction Co Ltd
| Commercial & Residential or Hotel
| 103,800,000.00
(3,933.46)
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For media enquiries, please contact:
Ms Ang Hwee Suan
Head, Public Relations
DID: 6321 8134
Email: Ang_Hwee_Suan@ura.gov.sg
Ms Gillian Tan
Executive Public Relations Officer
DID: 6321 8280
E mail: Gillian_tan@ura.gov.sg
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