Condo Launch Singapore: LAND PARCEL AT MOUNT VERNON ROAD
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Mount Vernon Road on 10 Jan 2012.
The site at Mount Vernon Road was launched for public tender on 29 November 2011. The site was offered for sale on a 99-year lease.
LAND PARCEL AT MOUNT VERNON ROAD
ALLOWABLE DEVELOPMENT : RESIDENTIAL
SITE AREA : 20,810.9 m²
MAXIMUM PERMISSIBLE GFA : 72,839 m²
DATE OF LAUNCH : 29 NOVEMBER 2011
DATE TENDER CLOSED : 10 JANUARY 2012
LEASE PERIOD : 99 YEARS
RANKING
NAME OF TENDERER
TENDERED SALE PRICE ($)
TENDERED SALE PRICE IN $PSM OF GFA
1
Intrepid Investments Pte Ltd, Sunmaster Holdings Pte. Ltd. and TID Residential Pte.Ltd.
388,106,106.00
5,328.27
2
Opal Star Pte. Ltd. and Lum Chang Building Contractors Pte Ltd
360,800,000.00
4,953.39
3
Multi Wealth (Singapore) Pte Ltd
350,000,000.00
4,805.12
4
MCL Land Limited
293,000,000.00
4,022.57
5
Mezzo Development Pte Ltd
250,800,000.00
3,443.21
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