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Tender Brief - Urban Redevelopment Authority

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<strong>Tender</strong> <strong>Brief</strong><br />

The <strong>Urban</strong> <strong>Redevelopment</strong> <strong>Authority</strong> (“The <strong>Authority</strong>”) is inviting tenders<br />

for the development of the Land Parcel described below for and on<br />

behalf of the Government of the Republic of Singapore.<br />

Particulars of Land Parcel<br />

Location<br />

Farrer Road<br />

Site Area 2,741.5 m 2<br />

Lease Period<br />

99 years<br />

Allowable Development Residential<br />

Maximum Building Height 5 Storeys<br />

Developer’s Packets<br />

“Developer’s Packet” containing the<br />

Conditions of <strong>Tender</strong>, Technical Conditions<br />

of <strong>Tender</strong> and other relevant documents and<br />

information for the tender and the Land Parcel<br />

is available at $107 (inclusive of GST) from<br />

Customer Service Counter,<br />

1st Storey, The URA Centre,<br />

45 Maxwell Road, Singapore 069118<br />

“Developer’s Packet” can also be purchased<br />

via URA-online (delivery charges applicable)<br />

at http://www.ura.gov.sg/sales/sale_of_<br />

developer’s_packet.html<br />

Permissible Gross Floor Area 3,839 m 2<br />

Project Completion Period ++<br />

60 months<br />

Minimum Price $28,888,000.00<br />

+ Computed from the date of acceptance of tender by the <strong>Authority</strong> up to the date of issue of Temporary<br />

Occupation Permit for the whole of the proposed development.<br />

Enquiries<br />

Enquiries can be made as follows:<br />

1 Mr Benjamin Ng at (65) 6329 3266<br />

Submission of <strong>Tender</strong><br />

1 The tenderers shall deposit the duly completed<br />

Form of <strong>Tender</strong>:-<br />

(a) under sealed cover in the envelope<br />

provided in the Developer’s Packet<br />

(b) in the tender box at Room 10-5, 10th<br />

Storey, Tower, The URA Centre, 45 Maxwell<br />

Road, Singapore 069118;<br />

3 The <strong>Tender</strong> Deposit will be returned to all<br />

unsuccessful tenderers.<br />

4 The <strong>Tender</strong> Deposit shall be forfeited if the<br />

tenderer withdraws his tender after the date<br />

and time for submission of tenders.<br />

5 <strong>Tender</strong>s submitted without the <strong>Tender</strong> Deposit<br />

shall be disqualified.<br />

or<br />

Mr Chan Swee Leng at (65) 6321 8351<br />

2 Customer Service Hotline at (65) 6329 3326<br />

3 Online enquiries<br />

http://www.ura.gov.sg/sales/site_enquiry.jsp<br />

4 Via the Enquiry Forms provided in the<br />

“Developer’s Packet”.<br />

(c) on 28 August 2012 at or before 12 noon of<br />

that day. Room 10-5 will be opened by 9<br />

am on that day.<br />

Acceptance of <strong>Tender</strong><br />

Conditions<br />

2 The following tenders will not be considered.<br />

(a) Any tender submitted after 12 noon on<br />

the tender submission date; or<br />

(b) Any tender with a tendered sale price<br />

less than $28,888,000.00.<br />

1 <strong>Tender</strong>s shall remain valid for acceptance for<br />

four (4) weeks from the said date for submission<br />

of tenders. However, the <strong>Authority</strong> may by<br />

notice in writing to each tenderer extend the<br />

validity period of his tender by such further<br />

period not exceeding 2 weeks.<br />

This tender brief is meant to highlight only some<br />

of the principal points of the tender and does<br />

not form part of the tender documents. All<br />

tenderers shall comply with the terms and<br />

requirements as stipulated in the “Conditions<br />

of <strong>Tender</strong>” and “Technical Conditions of <strong>Tender</strong>”<br />

contained in the “Developer’s Packet”.<br />

2 Selection of the winning tender will be based<br />

<strong>Tender</strong> Deposit<br />

1 Every tenderer shall pay a tender deposit of<br />

5% or more of the tendered sale price.<br />

2 The tender deposit mentioned in paragraph 1<br />

above (hereinafter referred to as “the <strong>Tender</strong><br />

Deposit”) may be paid by any one or more<br />

of the following methods:<br />

(a) Cashier’s Order<br />

(b) Bank Transfer<br />

(c) Bank Guarantee<br />

(d) Insurance Guarantee<br />

(Please refer to the Conditions of <strong>Tender</strong> for<br />

detailed requirements). Payment in CASH or<br />

by CHEQUE or any other means WILL NOT BE<br />

ACCEPTED.<br />

on tendered sale price. However, the <strong>Authority</strong><br />

reserves the right to reject the highest or any<br />

tender.<br />

Payment of the Sale Price<br />

The successful tenderer shall pay the tendered<br />

sale price by Cashier’s Order as follows:<br />

(a) 25% (less the <strong>Tender</strong> Deposit) within<br />

twenty-eight (28) days of the <strong>Authority</strong>’s<br />

acceptance of his tender;<br />

(b) 75% within ninety (90) days of acceptance<br />

of his tender.<br />

URBAN<br />

REDEVELOPMENT<br />

AUTHORITY<br />

To make Singapore a great city to live, work and play in<br />

Office Address:<br />

<strong>Urban</strong> <strong>Redevelopment</strong> <strong>Authority</strong>,<br />

45 Maxwell Road,<br />

The URA Centre,<br />

Singapore 069118<br />

Telephone No:<br />

(65) 63293326<br />

Fax:<br />

(65) 63235674<br />

Internet Address:<br />

http://www.ura.gov.sg/sales<br />

Designed and produced by <strong>Urban</strong> <strong>Redevelopment</strong> <strong>Authority</strong><br />

land parcel at


BUKIT BROWN<br />

MRT STATION (U/C)<br />

Holland<br />

Village<br />

NORT H<br />

V<br />

B U ON A<br />

GCBA<br />

Cornwall Gardens<br />

ISTA R D<br />

ACS<br />

International<br />

Holland<br />

Village<br />

MRT station<br />

COMMON W E A LT H AV E<br />

Commonwealth<br />

MRT station<br />

Tan Kah Kee<br />

MRT Station (u/c)<br />

Empress Road<br />

Market & Food<br />

Centre<br />

D’leedon<br />

(u/c)<br />

Nanyang<br />

Primary School<br />

QUEENS WAY<br />

St Margaret’s<br />

Secondary School<br />

Farrer Road<br />

MRT station<br />

FA R R ER ROA D<br />

FARRER<br />

DR<br />

ADAM ROAD<br />

To<br />

Greenwood<br />

Avenue<br />

H O L L A N D ROA D<br />

GCBA<br />

Holland Park<br />

Spanish<br />

Village<br />

SALE<br />

SITE<br />

Sommerville<br />

Park<br />

Dempsey Hill<br />

Botanic<br />

Gardens<br />

MRT station<br />

Sommerville<br />

Grandeur<br />

To<br />

Pan-Island<br />

Expressway<br />

GCBA<br />

Cluny Hill<br />

GCBA<br />

Gallop Road/<br />

Woollerton Park<br />

ROYAL Tanglin<br />

Golf Course<br />

D UNE A R N ROA D<br />

Jacob Ballas<br />

Children’s Garden<br />

Singapore<br />

Botanic Gardens<br />

GCBA<br />

Nassim Road<br />

R D<br />

TA NGL I N<br />

PA N<br />

-<br />

I<br />

S L AND E X P R<br />

Stevens<br />

MRT station (u/c)<br />

E SS WAY<br />

ORCH A R D R D<br />

SCOT TS R D<br />

Botanic Gardens MRT<br />

Serene Centre<br />

Restaurant Hub @ Greenwood Avenue<br />

Shopping, Dining and<br />

Entertainment<br />

The site is located a short drive away from Orchard Road, Singapore’s premier<br />

shopping district, where residents can enjoy diverse and convenient shopping,<br />

dining and entertainment. Also nearby are Serene Centre, Coronation Plaza,<br />

Tanglin Village at Dempsey Hill, and the restaurant hub at Greenwood Avenue.<br />

Choice Location with<br />

Excellent Accessibility<br />

The Land Parcel is located within an established<br />

residential estate and a short 10 minutes’ drive to<br />

Orchard Road.<br />

With Botanic Gardens MRT station just 5 minutes<br />

away, future residents will enjoy convenient access<br />

to all parts of Singapore. The future residential<br />

development will be connected to major arterial<br />

roads and expressways such as Bukit Timah<br />

Road, Dunearn Road, Farrer Road and Pan-Island<br />

Expressway.<br />

FARRER<br />

ROAD<br />

LAND<br />

PARCEL<br />

Recreation<br />

Residents can enjoy quiet respite at the<br />

nearby Singapore Botanic Gardens<br />

and Jacob Ballas Children’s Garden.<br />

Botanic Gardens<br />

Woodlands<br />

Causeway<br />

Schools<br />

Second<br />

Link<br />

Kranji Expressway<br />

Ayer Rajah Expressway<br />

Seletar Expressway<br />

Bukit Timah Expressway<br />

Pan-Island Expressway<br />

Farrer Road<br />

MRT<br />

Central<br />

Tampines Expressway<br />

Expressway<br />

Expressway<br />

Kallang-Paya Lebar<br />

East Coast Parkway<br />

Nanyang Girls’ High School<br />

The future residential development will provide ideal homes for families<br />

with school-going children. Reputable schools located within the vicinity<br />

include Hwa Chong Institution, National Junior College, St Margaret’s<br />

Secondary School, Nanyang Girls’ High School, Singapore Chinese Girls’<br />

School, Methodist Girls’ School, Nanyang Primary School and Raffles<br />

Girls’ Primary School.

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