{"id":110721,"date":"2019-09-13T13:23:22","date_gmt":"2019-09-13T06:23:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-awards-tender-for-three-sites\/"},"modified":"2019-09-13T14:02:55","modified_gmt":"2019-09-13T07:02:55","slug":"ura-awards-tender-for-three-sites","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-awards-tender-for-three-sites\/","title":{"rendered":"URA awards tender for three sites"},"content":{"rendered":"


\nThe tenders for three sites at Tan Quee Lan Street, Bernam Street and one-north Gateway have been awarded to the highest bidders, revealed the Urban Redevelopment Authority on Thursday.
\nThe 11,530.8 sq m site at Tan Quee Lan Street was awarded to a consortium comprising GuocoLand, Intrepid Investments and Hong Realty at a tendered price of $800.19 million.
\nThe 3,846.2 sq m site at Bernam Street within the Tanjong Pagar area, on the other hand, was awarded to HY Realty, which offered $440.9 million for the site.
\nFinally, the 5,778.7 sq m site at one-north Gateway was awarded to TID Residential after it submitted the highest bid of $155.74 million.
\nAll three sites come with 99-year lease terms, with the tender for Tan Quee Lan Street launched on 29 March, while the tenders for the Bernam Street and one-north Gateway sites were launched on 30 May and 27 June respectively. The tenders all closed on 5 September.
\n\u00a0
\nTynn Tan edited this story on behalf of Victor Kang, Digital Content Specialist at PropertyGuru. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…URA awards tender for three sites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The tenders for three sites at Tan Quee Lan Street, Bernam Street and one-north Gateway...<\/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-110721","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-sNP","jetpack-related-posts":[{"id":105643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tan-quee-lan-site-to-be-hotly-contested\/","url_meta":{"origin":110721,"position":0},"title":"Tan Quee Lan site to be hotly contested","date":"April 1, 2019","format":false,"excerpt":"\r Located in the heart of Bugis, the 99-year leasehold site is expected to yield up to 580 housing units. An 11,530.9 sq m site at Tan Quee Lan Street was launched for sale on Friday (29 Mar) under the confirmed list of the first half 2019 Government Land Sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-north-gateway-site-attracts-9-bids-2-other-sites-receive-poor-response\/","url_meta":{"origin":110721,"position":1},"title":"One-north Gateway site attracts 9 bids, 2 other sites receive poor response","date":"September 6, 2019","format":false,"excerpt":"\r Head of research for Singapore at Colliers International attributed the poor response to concerns of increased competition that may arise from the CBD Incentive Scheme unveiled in the URA Draft Master Plan 2019. The tender results for three sites at Tan Quee Lan Street, Bernam Street and one-north Gateway\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107640,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-launches-bernam-street-site-for-sale\/","url_meta":{"origin":110721,"position":2},"title":"URA launches Bernam Street site for sale","date":"May 31, 2019","format":false,"excerpt":"\r With an area of 3,846.2 sq m, the 99-year leasehold site has a maximum gross floor area of 28,001 sq m.\u00a0 A residential with commercial at first storey site at Bernam Street was launched for sale on Thursday (30 May) under the confirmed list of the first half 2019\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-surge-90-1-in-q3\/","url_meta":{"origin":110721,"position":3},"title":"Residential investment sales surge 90.1% in Q3","date":"October 18, 2019","format":false,"excerpt":"\r However, residential investment sales for this year is expected to fall 55 percent from last year\u2019s record level, due to a weaker en bloc market.\u00a0 Singapore saw residential investment sales increase 90.1 percent quarter-on-quarter and 4.7 percent year-on-year to $3.1 billion in the third quarter of 2019, revealed a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bugis-gls-sites-expected-to-be-strongly-contested\/","url_meta":{"origin":110721,"position":4},"title":"Bugis GLS sites expected to be strongly contested","date":"December 3, 2018","format":false,"excerpt":"\r Aerial view of the land parcel at Middle Road. Source: URA The Urban Redevelopment Authority (URA) launched two confirmed list sites and another two reserve list plots for sale last Friday (30 Nov) under the second half 2018 Government Land Sales (GLS) programme. Overall, these four sites can yield\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-obtains-730mil-green-loan-for-tan-quee-lan-street-mixed-development-project\/","url_meta":{"origin":110721,"position":5},"title":"Guocoland obtains $730mil green loan for Tan Quee Lan Street mixed-development project","date":"May 20, 2020","format":false,"excerpt":"\r The new mixed-development project at Tan Quee Lan Street will be situated right above the Bugis MRT interchange station. Photo: Midtown Bay GuocoLand via its indirect subsidiaries, MTG Apartments and MTG Retail, has secured a $730 million green club loan from DBS Bank, OCBC Bank and ICBC Singapore Branch\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\/110721"}],"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=110721"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}