Saturday, October 13, 2012

Site at Victoria Street/Jalan Sultan grabs 9 bids

Forward Land threw in the highest bid at $331m.

In a release, The Urban Redevelopment Authority (URA) closed the tender for the sale site at Victoria Street / Jalan Sultan today.

The site at Victoria Street / Jalan Sultan was launched for public tender on 16 August 2012. It was originally on the Reserve List of the Government Land Sales Programme.

URA had, on 1 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 99-year lease term.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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