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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

  1. 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.

  2. 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.

  3. 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)

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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