The Urban Redevelopment Authority (URA) closed the tender for the commercial site at Beach Road today.
The site at Beach Road was launched for public tender on 6 July 2017. It was originally on the Reserve List of the Government Land Sales Programme. URA had, on 21 June 2017, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 99-year lease. Please see Annex A [PDF, 13kb] for details of the site and tender bids received. This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.