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Award of tender for sale sites at Dairy Farm Road and Jalan Jurong Kechil

  Published: 07 September 2018

The Urban Redevelopment Authority (URA) has awarded the tenders for the sites at Dairy Farm Road and Jalan Jurong Kechil to UED Residential Pte. Ltd and COHL Singapore Pte. Limited & CSC Land Group (Singapore) Pte. Ltd. respectively. The companies have submitted the highest bids in the tenders for the two sites.

The sites at Dairy Farm Road and Jalan Jurong Kechil were launched for tender on 31 May 2018 and 28 June 2018 respectively. The tenders for these sites closed on 4 September 2018. The land parcels were offered for sale on 99-year lease terms. 

Details of the awarded land parcels and the successful tenderers are provided below:

LOCATION

ALLOWABLE DEVELOPMENT

SITE AREA

MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)

SUCCESSFUL TENDERER

TENDERED PRICE

($PSM of GFA)

Dairy Farm Road

Residential with Commercial at 1st Storey

19,647.7 m2

41,261 m2

UED Residential Pte. Ltd

$368,800,001

($8,938.22)

Jalan Jurong Kechil

Residential

14,234.9 m2

19,929 m2

COHL Singapore Pte. Limited & CSC Land Group (Singapore) Pte. Ltd.

$215,000,000

($10,788.30)

 

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