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Award of tender for commercial site at Woodlands Square

  Published: 17 April 2014

The Urban Redevelopment Authority (URA) has awarded the tender for the commercial site at Woodlands Square to Far East Civil Engineering (Pte.) Limited, Tannery Holdings Pte Ltd and Sekisui House, Ltd.  The consortium submitted the highest bid in the tender for the site.

The tender for the commercial site was launched on 17 December 2013 and closed on 8 April 2014.  The land parcel was offered for sale on a 99-year lease term.

Details of the awarded land parcel and the successful tenderer are provided below:

 

LOCATION ALLOWABLE DEVELOPMENT SITE AREA MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)  SUCCESSFUL TENDERER  TENDERED PRICE
($PSM of GFA) 
Woodlands Square  Commercial  18,568.8 m2  64,991 m2  Far East Civil Engineering (Pte.) Limited, Tannery Holdings Pte Ltd and Sekisui House, Ltd.  $633,999,000
($9,755.18) 

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