Sales Launch Date: 27 October 2020, Tuesday Tender Submission Date : 27 April 2021, Tuesday
Site Area : 8,732.9 m2 Maximum Gross Floor Area : 36,679 m2
Good Accessibility The land parcel is located at the fringe of the city centre and next to Farrer Park MRT Station on the North East Line. Future residents will enjoy easy access via public transport to the city centre and other parts of Singapore.
Proximity to Amenities Ample retail and dining options are available at the nearby Mustafa Centre, City Square Mall, Tekka Place, Tekka Market, Little India Historic District and Pek Kio Market & Food Centre. Schools such as Farrer Park Primary School and St Joseph’s Institution Junior are also located in the vicinity.
View location map on URA SPACE
8,732.9 m2
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 27 April 2021, 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 (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) thereon 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 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 w/GST (S$170.00 w/o 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 site are advised to purchase the eDeveloper's Packet.
Find out more information on the requirements for tender and the tender process.
For viewing of the as-built drawings as stated under Annex C-2 of the Conditions and Requirements of Relevant Competent Authorities and Public Utility Licensees in the URA Centre, purchasers of eDeveloper’s Packet shall make an appointment with Land Sales Department through the Request Form in the eDeveloper’s Packet.
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 Rickson Lee at (65) 6329 3327