Award of tender for URA sale site at Marina View
29 September 2021
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Marina View to Boulevard View Pte Ltd.
The site at Marina View was launched for tender on 28 June 2021. The tender for the site closed on 21 September 2021. 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 | SITE AREA | MAXIMUM GROSS FLOOR AREA | SUCCESSFUL | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
Marina View | White Site | 7,817.6 m2 | 101,629 m2 | Boulevard View Pte Ltd | $1,508,000,101.00 ($14,838.29) |
