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Award of tender for White site at Central Boulevard

  Published: 11 November 2016

The Urban Redevelopment Authority (URA) has awarded the tender for the White site at Central Boulevard to Wealthy Link Pte Ltd. The company submitted the highest bid in the tender for the site.

The White site was launched for public tender on 30 August 2016. The tender for the site closed on 8 November 2016. 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 GROSS FLOOR AREA SUCCESSFUL TENDERER TENDERED PRICE
($PSM of GFA)

Central Boulevard

White site 10,868.7 m2 141,294 m2 Wealthy Link Pte Ltd $2,568,686,688
($18,179.73)
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