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Award of tender for residential site at West Coast Vale

  Published: 15 February 2017

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at West Coast Vale to China Construction (South Pacific) Development Co. Pte. Ltd.  The company submitted the highest bid in the tender for the site.

The site was launched for public tender on 7 December 2016. The tender for the site closed on 9 February 2017. 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)

West Coast Vale

Residential 16,378.3 m² 45,860 m²  China Construction (South Pacific) Development Co. Pte. Ltd. $291,990,000
($6,366.99)
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