{"id":103032,"date":"2019-01-17T10:08:50","date_gmt":"2019-01-17T03:08:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kampong-java-road-residential-site-attracts-7-bids\/"},"modified":"2019-01-17T11:03:40","modified_gmt":"2019-01-17T04:03:40","slug":"kampong-java-road-residential-site-attracts-7-bids","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kampong-java-road-residential-site-attracts-7-bids\/","title":{"rendered":"Kampong Java Road residential site attracts 7 bids"},"content":{"rendered":"


\nLocation map of the land parcel at Kampong Java Road. Source: URA
\nThe tender for a residential site at Kampong Java Road attracted seven bids, with CELH Development, a unit of Chip Eng Seng Corporation, submitting the highest bid of $418.4 million, revealed the Urban Redevelopment Authority (URA) on Tuesday (15 Jan).
\nGLL D, a subsidiary of GuocoLand, submitted the second highest bid of $417.2 million, followed by MCC Land (Singapore) and Greatview Investment\u2019s offer of $407.9 million.
\nMore:\u00a0Govt Launches Three Sites Yielding 700 ECs, Over 1,300 Private Condos
\nLaunched for sale on 31 October, the 99-year leasehold site has a land area of 11,643.2 sq m and a maximum permissible gross floor area of 32,601 sq m.
\nMeanwhile, the tender for a 5,121.4 sq m hotel site at Club Street attracted eight bids with Midtown Development \u2013 which is part of the Worldwide Hotels Group that includes Hotel 81 \u2013 offering the top bid of $562.2 million.
\nURA noted that it is \u201cnot an announcement of tender award\u201d.
\nIt added that a decision on the award of the tenders will be announced at a later date, after all the bids have been evaluated.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Kampong Java Road residential site attracts 7 bids<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Location map of the land parcel at Kampong Java Road. Source: URA The tender for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103032","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qNO","jetpack-related-posts":[{"id":100762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-launches-three-sites-yielding-700-ecs-over-1300-private-condos\/","url_meta":{"origin":103032,"position":0},"title":"Govt launches three sites yielding 700 ECs, over 1,300 private condos","date":"November 1, 2018","format":false,"excerpt":"\r Aerial view of the white site at Marina View. (Photo: URA) The government released for sale on Wednesday (31 Oct) two confirmed list sites and one reserve list plot that can collectively yield 540 hotel rooms and slightly over 2,000 residential units. In particular, the Housing and Development Board\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103174,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plum-site-yielding-over-400-condo-units-awarded\/","url_meta":{"origin":103032,"position":1},"title":"Plum site yielding over 400 condo units awarded","date":"January 22, 2019","format":false,"excerpt":"\r Location map of the land parcel at Kampong Java Road. Source: URA The Urban Redevelopment Authority (URA) on Monday (21 Jan) awarded a 125,326.36 sq ft private residential site at Kampong Java Road to CELH Development, which submitted the highest bid of $418.38 million out of a total of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/massive-kampong-bugis-white-site-launched-for-sale\/","url_meta":{"origin":103032,"position":2},"title":"Massive Kampong Bugis white site launched for sale","date":"December 7, 2019","format":false,"excerpt":"\r Nearly the size of 14 football fields, a sprawling 8.2 ha white site at Kampong Bugis on the Government Land Sales (GLS) reserve list has been made available for application by the Urban Redevelopment Authority (URA) on 5 December. Located at the mouth of Kallang River and located near\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/12\/kampong-bugis-white-site-development-condo.jpg?fit=680%2C453&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/development-charges-for-non-landed-homes-fell-5-5\/","url_meta":{"origin":103032,"position":3},"title":"Development charges for non-landed homes fell 5.5%","date":"March 1, 2019","format":false,"excerpt":"\r The decline in DC rates comes as no surprise following the implementation of new property curbs in July. The development charge (DC) rates for non-landed residential properties fell by 5.5 percent on average, following a slowdown in residential land activity. The drop in DC rates for non-landed homes was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-closed-tender-for-jiak-kim-street-and-fourth-avenue-sites\/","url_meta":{"origin":103032,"position":4},"title":"URA closed tender for Jiak Kim Street and Fourth Avenue sites","date":"December 6, 2017","format":false,"excerpt":"\r View of the land parcel at Jiak Kim Street. (Photo: URA Map) Two residential plots in Jiak Kim Street and Fourth Avenue attracted a total of 17 bids with the combined top bid amounting to nearly $1.51 billion, after the Urban Redevelopment Authority (URA) closed the tender for both\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/clementi-site-launched-for-sale-could-yield-640-homes\/","url_meta":{"origin":103032,"position":5},"title":"Clementi site launched for sale, could yield 640 homes","date":"March 1, 2019","format":false,"excerpt":"\r Located adjacent to The Clement Canopy, the site is easily accessible to Jurong Lake District and the CBD. A private residential site at Clementi Avenue 1 that could potentially yield a maximum of 640 housing units was launched for sale via public tender, revealed the Urban Redevelopment Authority (URA)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103032"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103032"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103032\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}