Sales Launch Date: 31 October 2022, Monday Tender Submission Date: 04 April 2023, Tuesday
Site Area : 21,866.7 m2 Maximum Gross Floor Area : 45,921 m2
Good Accessibility The land parcel is located within the new Lentor Hills Estate which is envisioned as a sustainable and pedestrian-friendly neighbourhood amidst lush greenery.
Located in close proximity to the new Lentor MRT Station on the Thomson-East Coast Line, future residents will enjoy direct rail access to Woodlands Regional Centre, the Central Business District and other parts of Singapore.
Proximity to Schools, Future Amenities and Park Spaces Established schools such as Presbyterian High School, Anderson Primary School, and CHIJ St Nicholas Girls’ School are located nearby.
Future residents can look forward to F&B options, shops, a supermarket and childcare facilities located within the upcoming mixed-use development at Lentor Modern and enjoy lush greenery and recreation choices at the future hillock and linear parks nearby.
Artist’s impression of Lentor Hills Estate (aerial perspective)
Artist’s impression of future Hillock Park (Concept for Hillock Park under development with NParks)
21,866.7 m2
Low-rise zone 8 storeys
Mid-rise zone 16 storeys
Technical height 120 m SHD
The Urban Redevelopment Authority ("The Authority") is inviting tenders for the development of the Land Parcel described above for and on behalf of the Government of the Republic of Singapore.
SUBMISSION OF TENDER
The tenderers shall deposit the duly completed Form of Tender: • in a sealed envelope which is affixed with the Submission Label provided in the eDeveloper's Packet; • in the Tender Box at Room 10-1, 10th Storey, Tower, The URA Centre, 45 Maxwell Road, Singapore 069118; • on 04 April 2023, Tuesday ("the tender submission date") at or before 12 noon. Room 10-1 will be opened by 9 am on that day. Any tender submitted after 12 noon on the tender submission date will not be considered.
TENDER DEPOSIT
Every tenderer shall pay a tender deposit of 5% or more of the tendered sale price. The tender deposit may be paid by any one or more of the following methods: • Cashier's Order • Bank Transfer • Bank Guarantee • Insurance Guarantee • eGuarantee (Please refer to the Conditions of Tender for detailed requirements). Payment in CASH or by CHEQUE or any other means WILL NOT BE ACCEPTED. The Tender Deposit will be returned to all unsuccessful tenderers. The Tender Deposit shall be forfeited if the tenderer withdraws his tender after the date and time for submission of tenders. Tenders submitted without the Tender Deposit shall be disqualified.
ACCEPTANCE OF TENDER
Tenders shall remain valid for acceptance for four (4) weeks from the said date for submission of tenders. However, the Authority may by notice in writing to each tenderer extend the validity period of his tender by such further period not exceeding 2 weeks. Selection of the winning tender will be based on tendered sale price. However, the Authority reserves the right to reject the highest or any tender.
PAYMENT OF THE SALE PRICE
The successful tenderer shall pay the tendered sale price by Cashier's Order as follows: • 25% (less the Tender Deposit) within twenty-eight (28) days of the Authority's acceptance of his tender; • 75% within ninety (90) days of acceptance of his tender.
CONDITIONS
This tender brief is meant to highlight only some of the principal points of the tender and does not form part of the tender documents. All tenderers shall comply with the terms and requirements as stipulated in the "Conditions of Tender" and "Technical Conditions of Tender" contained in eDeveloper's Packet website.
The above tender documents are for information only. The complete set of updated tender documents and all relevant circulars, corrigenda and notifications are available for download in the eDeveloper’s Packet at S$181.90 (inclusive of GST)*.
The responsibility of URA and the Government is limited to notifying purchasers of the eDeveloper’s Packet of any additions, variations or amendments to the tender documents. If a purchaser of the eDeveloper's Packet makes the contents therein available to any other party, whether an associate, a client or an agent or whosoever and whether local or overseas; it shall be the purchaser's responsibility to keep that party informed of any such additions, variations or amendments.
Parties interested to participate in the tender for this Land Parcel are advised to purchase the e-Developer's Packet.
Find out more information on the requirements for tender and the tender process.
* GST chargeable in relation to the eDeveloper's Packet is computed at the rate of 7% as the increase of 1% GST with effect from 1 January 2023 has been absorbed by the Government.
The eDeveloper's Packet contains:
The Digital 3D model contains:
Purchase the eDeveloper's Packet or Digital 3D model here.
If you have any questions, please approach:
• Ms Png Sim Nee at (65) 6321 6592 or • Mr Neo Chin Kee at (65) 6321 8268