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Award of tender for residential site at Toh Tuck Road

  Published: 18 April 2017

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Toh Tuck Road to S P Setia International (S) Pte Ltd. The company submitted the highest bid in the tender for the site.

The site was launched for public tender on 28 February 2017. The tender for the site closed on 11 April 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)

Toh Tuck Road

Residential 18,721.4 m² 26,210 m² S P Setia International (S) Pte Ltd $265,000,000
($10,110.64)

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