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TAI THONG CRESCENT - Urban Redevelopment Authority

TAI THONG CRESCENT - Urban Redevelopment Authority

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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 behalf<br />

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

Location<br />

Site Area<br />

Particulars of Land Parcel<br />

TENDER BRIEF<br />

Tai Thong Crescent (Parcel C)<br />

8,200.3 m 2<br />

Developer’s Packets<br />

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

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

other relevant documents and information for<br />

the tender and the Land Parcel is available at<br />

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

Customer Service Counter,<br />

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

45 Maxwell Road, Singapore 069118<br />

U R A S A L E O F S I T E S<br />

RESIDENTIAL WITH 1 ST STOREY<br />

C O M M E R C I A L D E V E L O P M E N T<br />

Lease Period<br />

Allowable Development<br />

99 years<br />

Residential with 1 st storey commercial<br />

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

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

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

developer’s_packet.html<br />

Permissible Gross Floor Area<br />

Maximum Building Height<br />

Project Completion Period ++<br />

Minimum Price<br />

28,702 m 2<br />

Part 2-Storey and part 64 m AMSL +<br />

60 months<br />

$154,474,200<br />

Enquiries<br />

Enquiries can be made as follows:<br />

1 Ms Diane Lim at (65) 6321 8246<br />

or<br />

Ms Lilian Wong at (65) 6321 8351<br />

+ AMSL means Above Mean Sea Level.<br />

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

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

Submission of Tender<br />

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

Form of Tender:-<br />

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

provided in the Developer’s Packet<br />

(b) in the tender box at Room 10-1, 10th<br />

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

Road, Singapore 069118;<br />

(c) on 6 September 2012 (“the tender<br />

submission date”) at or before 12 noon.<br />

Room 10-1 will be opened by 9 am on<br />

that day.<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 $154,474,200.<br />

Tender 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 Tender<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 Tender for<br />

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

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

ACCEPTED.<br />

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

unsuccessful tenderers.<br />

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

tenderer withdraws his tender after the date<br />

and time for submission of tenders.<br />

5 Tenders submitted without the Tender Deposit<br />

shall be disqualified.<br />

Acceptance of Tender<br />

1 Tenders 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 />

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

based on tendered sale price. However,<br />

the <strong>Authority</strong> reserves the right to reject the<br />

highest or any tender.<br />

Payment of the Sale Price<br />

The successful tenderer shall pay the tendered<br />

sale price and the Goods and Services Tax (GST)<br />

by Cashier’s Order as follows:<br />

(a) 25% (less the Tender Deposit) and the GST<br />

on 25% of the tendered sale price within<br />

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

acceptance of his tender;<br />

(b) 75% and the GST on the scheduled date or<br />

where applicable, the postponed date as<br />

set out in the said Conditions of Tender and<br />

in accordance with the provision therein.<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 />

Conditions<br />

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

of the principal points of the tender and does not<br />

form part of the tender documents. All tenderers<br />

shall comply with the terms and requirements<br />

as stipulated in the “Conditions of Tender” and<br />

“Technical Conditions of Tender” contained in<br />

the “Developer’s Packet”.<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) 6329 3326<br />

Fax:<br />

(65) 6323 5674<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<br />

<strong>TAI</strong> <strong>THONG</strong> <strong>CRESCENT</strong><br />

(Parcel C)


Seletar<br />

n<br />

Ia<br />

to<br />

Woodlands<br />

to Tuas<br />

to City<br />

Farrer Park<br />

MRT Station<br />

EXPRESSWAY (CTE)<br />

CENTRAL<br />

PAN<br />

KALLANG<br />

POTONG<br />

St Andrew’s<br />

Junior College<br />

St Andrew’s<br />

Junior School<br />

St Andrew’s<br />

Secondary<br />

School<br />

Boon Keng<br />

MRT Station<br />

SERANGOON ROAD<br />

City<br />

Square<br />

Mall<br />

Blossom<br />

@Woodleigh<br />

PASIR<br />

Potong Pasir<br />

MRT Station<br />

ISLAND EXPRESSWAY (PIE)<br />

BENDEMEER ROAD<br />

RIVER<br />

AVE 1<br />

Woodsville<br />

28<br />

One<br />

Leicester<br />

8@Woodleigh<br />

(U/C)<br />

UPPER SERANGOON ROAD<br />

PHENG GECK AVE<br />

GEYLANG BAHRU<br />

to<br />

Kallang<br />

Riverside<br />

Park<br />

Nin<br />

Residence<br />

(U/C)<br />

to<br />

Nex<br />

WAN THO AVE<br />

Parcel A<br />

(The Sennett)<br />

(u/c)<br />

MACPHERSON ROAD<br />

KALLANG BAHRU<br />

Cedar Girls’<br />

Secondary<br />

School<br />

Parcel B<br />

(Sold in July 2012)<br />

<strong>TAI</strong> <strong>THONG</strong><br />

<strong>CRESCENT</strong><br />

Parcel C<br />

to<br />

Changi<br />

Airport<br />

Cedar<br />

Primary<br />

School<br />

LICHI AVE<br />

KALLANG WAY<br />

TANNERY RD<br />

Parcel B<br />

(Sold in July 2012)<br />

<strong>TAI</strong> <strong>THONG</strong> <strong>CRESCENT</strong><br />

MACPHERSON ROAD<br />

PARCEL C<br />

PAN ISLAND EXPRESSWAY (PIE)<br />

UPPER SERANGOON ROAD<br />

Choice Site with<br />

Excellent Connectivity<br />

Near Vibrant Waterfront Lifestyle<br />

Precinct at Kallang Riverside<br />

Recreation Facilities<br />

& Other Amenities<br />

Shopping, Dining and Recreation<br />

Schools & other amenities<br />

This land parcel is located within an established<br />

residential estate. It is well connected to major arterial<br />

roads and expressways such as Upper Serangoon<br />

Road, Pan Island Expressway (PIE), Central Expressway<br />

(CTE) and Kallang Paya Lebar Expressway (KPE).<br />

Future residents will enjoy easy access to all parts<br />

of the island with Potong Pasir MRT Station located<br />

nearby. They will also enjoy the convenience of<br />

having commercial activities, such as retail and food<br />

& beverage outlets, within the development.<br />

The land parcel is located a short drive from<br />

Kallang Riverside which is envisaged to be<br />

transformed into a vibrant lifestyle precinct<br />

by the waterfront.<br />

Visitors to the precinct can engage in water<br />

sport activities at Kallang Riverside Park,<br />

or enjoy a leisurely walk along Kallang River.<br />

A wide variety of shopping, dining and<br />

recreational facilities are available at the<br />

nearby Serangoon and Toa Payoh Town<br />

Centres. Nex and City Square Mall are also<br />

conveniently located 2 MRT stations away<br />

along the North East Line (NEL) while major<br />

shopping malls in the city are only a mere 10<br />

minutes’ drive away.<br />

The future development will be an ideal<br />

home for families with school-going<br />

children with Cedar Primary and Cedar<br />

Girls’ Secondary School, St Andrew’s<br />

Junior, Secondary and Junior College,<br />

Maris Stella High Primary and Secondary<br />

School located nearby.<br />

Woodlands<br />

Causeway<br />

Bukit<br />

Timah Expressway<br />

Second<br />

Link<br />

Kranji Expressway<br />

Ayer<br />

Rajah<br />

Pan-Island<br />

Expressway<br />

Ex p<br />

Expressway<br />

r e ssway<br />

Expressway<br />

Central<br />

Tampines Expressway<br />

POTONG<br />

PASIR<br />

MRT<br />

I g<br />

Ka<br />

e<br />

Expr ssway<br />

-Paya Lebar<br />

East Coast Parkway<br />

N<br />

Kallang Riverside

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