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  1. Home
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  4. Marina Gardens Crescent

Marina Gardens Crescent

Sales Launch Date: 30 June 2023, Friday
Tender Submission Date: 18 January 2024, Thursday

Site Area : 17,319.2 m2 

Maximum Gross Floor Area : 72,741 m2

White Site
Location Marina Gardens Crescent
Site Area (1)

Plot 1: 17,319.2 m2

Plot 2: 5,410.5 m2

Plot 3(2): 82.7 m2

Plot 4(2): 46.5 m2
Land Use Zoning / Allowable Development

Plot 1: White

Plot 2: Open Space

Development with a mix of residential and commercial uses
Maximum Gross Floor Area 72,741 m2
Maximum Building Height (3)

High-rise zone: 164 m SHD

Mid-rise zone: 73.5m - 130 m SHD

Low-rise zone: 4-storeys
Project Completion Period (4) 72 months
Lease Period 99 years
(1) Site area is subject to cadastral survey.
(2) Areas for Plot 3 and Plot 4 refer to horizontal cross-sectional areas of subterranean space.
(3) Building height is based on Singapore Height Datum (SHD). 
(4)
 Computed from the date of acceptance of the tender by the Authority up to date of issue of Temporary Occupation Permit for the whole of the proposed development.

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 18 January 2024, Thursday ("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 and the Goods and Services Tax (GST) by Cashier's Order as follows:
• 25% (less the Tender Deposit) and the GST on 25% of the tendered sale price within twenty-eight (28) days of the Authority's acceptance of his tender;
• 75% and the GST thereon 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 One-Stop Developers' Portal.

pdf icon Location & Control Plans and Technical Conditions of Tender

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 One-Stop Developers' Portal 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:

  • Conditions of Tender
  • Technical Conditions of Tender
  • Form of Tender and
  • Other relevant documents and information necessary for the tender of the Land Parcel

Purchase the eDeveloper's Packet at S$181.90 (inclusive of GST)* here.

* 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.

If you have any questions, please approach:

• Png Sim Nee at (65) 6321 6592
or
• Hoo Yee Woon at (65) 6321 8260

 
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