Award of Tender for Residential Site at Sengkang Central
- The Singapore Land Authority (SLA) has awarded the tender for the
residential site at Sengkang Central to the highest bidder, Winterhall Pte
Ltd.
- The tender was launched on 15 December 2004 and closed on 12 January 2005.
The land parcel was offered for sale on a 99-year lease. CKS Property
Consultants Pte Ltd was appointed as SLA's consultant to assist with part of
its land sales preparation work and to promote the sale site when it was
launched for tender.
- The tender exercise attracted a strong turnout of nine bids. The
successful sale of the Sengkang Central site is a result of the effective
partnership between the public and private sectors. It is part of SLA's
pro-business strategy to work with the private sector to offer opportunities,
build capabilities and harness new ideas in the sales and management of State
lands.
- Particulars of the awarded site and the successful tenderer can be found in Annex A.
Issued by:
Singapore Land Authority
18 January
2005