In the URA Concept Tender For Developers, bidders will be required to submit concept proposals and tender rates. Each concept proposal will be evaluated against a set of criteria before shortlisting developers based on price. Those proposals that meet the shortlist will be contacted to discuss the project further. The deadline to submit your proposal is September 15, 2017.
The Urban Redevelopment Authority (URA) has closed the concept tender for a 2.30-hectare site in Sengkang. The project is expected to deliver 700 residential units and commercial space. This project was launched via a concept and price revenue tender system. The URA will consider various factors, including the design concept, developers’ track record, and financial viability. Among the seven concepts that were submitted for consideration are Sengkang Central, The Westfield Sengkang and East Coast.
The URA has adopted the Concept and Price Revenue Tender, which will shortlist quality development concepts that integrate thoughtfully-designed public spaces. They will be connected through a seamless network of pedestrian-friendly streets. The winning concept proposal will be selected based on its innovative construction solutions. This concept-led approach will result in an integrated community centre that combines a variety of retail, office, and community facilities.
The Sengkang Central site is zoned for residential and commercial uses, and is located near the Buangkok MRT station. The land is expected to yield a mixed-use development with a community hub, and the remaining parcel is intended for residential use. The hillview rise parcel, on the other hand, is zoned for commercial use. Its maximum floor area is 78,299 square meters.
The Sengkang Central URA Concept Tending For Developers is still open for submission of concept proposals. However, there are some important criteria to be considered before submitting a proposal. First, check the area’s plot ratio. If the area is relatively smaller than the URA-mandated GFA, then the concept you are interested in will be shortlisted. If the area is dense, it will likely mean a higher density.
Jalan Anak Bukit
The URA has extended the tender period for the COVID-19 site, a 99-year leasehold land parcel. The tender will close on 30 March 2021. This land parcel has good potential for placemaking and features vast nature elements. However, the developer must have substantial funds for the project. This article highlights the key points to look out for in the COVID-19 Tender For Developers.
The winning concept plan was selected after a competitive evaluation process. The winning concept proposal incorporated a mix of social areas, pedestrian-friendly streets, and an interesting design. The concept plans submitted by the three principal developers, Sino Grp and Far East Organization, were selected by the URA. The winning concept plan incorporates several features that are important to URA, including a tropical setting, aesthetics, and design.
The development area encompasses nearly one million square feet of gross floor area. Moreover, the project will include a bus interchange and a variety of commercial and residential uses. The overall design response of the proposed project should reflect the local tropical landscape. As a result, only the best-prepared developer will be shortlisted. A concept and price tender will ensure the quality of the development.
The bidders for the Jalan Anak Bukit URA ConceptTender For Developers site have submitted a total of 5 concept proposals. The bidders were required to submit their bid prices and concept proposals separately in envelopes. Sino Group, Far East Org, and CITIC-CIMIC Group, along with other developers, sent four separate concepts to the URA for evaluation.
To Kwa Wan
The Urban Renewal Authority (URA) is seeking expressions of interest from developers and consortia for a series of projects in To Kwa Wan. The development project will include four projects covering a total site area of 5,438 square meters, and will have a gross floor area of up to 48,942 square metres. The first two projects, announced in 2013, and the third one in 2017, will be constructed at Wing Kwong Street and Bailey Street.
The To Kwa Wan project is located next to the MTR Tung Chung Traction Power Distribution Station, the largest of the three projects. After the three-quarter supply period was deducted, the volume of supply returned to 12,830 units. The target for the full year is 12,900 units. The URA will continue to monitor the outbreak and will make necessary changes to the planning and development of the site.
The To Kwa Wan URA Concept Tender for Developers is the first step in the redevelopment of the To Kwa Wan district. The city will be a hub for international business, and To Kwa Wan is a prime location. The URA has supported the area’s redevelopment, but the developer must overcome significant issues with the site. To achieve this, the developer must address parking issues and provide adequate amenities. The city’s housing needs are expected to increase by 9% over the next five years.
As part of the To Kwa Wan URA Concept Tender for Developers, the URA will be commissioned to undertake district planning studies in the old districts. In addition to identifying the development nodes in the new districts, the URA will look into the conditions of the old districts. The URA will also apply its concepts from the Yau Mong District Study, which outlines planning and restructuring processes.
City Developments Ltd-CDL
In the most recent URA Concept Tender For Developers, the Urban Redevelopment Authority has awarded a residential and commercial site to a Singapore-listed developer. The developer, City Developments Ltd-CDL, beat rival CapitaLand to the site, valued at $777.8 million, or $923.6 per square foot per plot ratio. Its bid will see the development of three towers in Beach Road, which include an old police station.
Founded in 1963, City Developments Limited (CDL) is one of the most renowned property companies in Singapore. With a stable portfolio of investment and residential properties, CDL has 91 locations in 25 countries. In addition to Singapore, CDL has a wholly-owned subsidiary in China. The company’s presence in the United Kingdom is also noteworthy, with a focus on Central and Greater London.
The winning design incorporates green technology and environmental design. It also incorporates extensive sky gardens, slanting facades to direct airflow downward, and photovoltaic cells. However, the URA has stipulated that a developer cannot exceed 950 square feet of gross floor area (GFA) for the site. In addition, the developer cannot construct more than three strata lots on a single plot.
The URA has sought a design that integrates public transport and urban amenities. This plan aims to reduce the volume of traffic in the JLD by 65 percent during peak hours. The JLD concept plan, a masterplan of the district, will be showcased in the URA Centre Atrium from August 25 to 31. It will also be exhibited at the Westgate from September 8 to 17.
The Urban Redevelopment Authority (URA) has recently announced the results of the Concept Tender For Developers for COVID-19 site. The COVID-19 site is located at Jalan Anak Bukit Timah Hill. Last year, Colliers International analysed the site and found it has a private residential catchment. This was a factor in determining the successful concept proposal.
There are 14 bids for the proposed residential and commercial project on a site next to the City Hall. This land parcel will have a subterranean parcel that will link directly to City Hall MRT station. As for the developers, the bidders may submit multiple bids. The successful bidder will have seven years to complete the project. CapitaLand has been Singapore’s leading developer for over 50 years and has a proven track record in the development industry.
The URA also awarded other commercial and residential sites in May. A UOL-led consortium won the Silat Avenue residential property, while a New World Development-led group purchased Cuscaden Road for a record S$2,377 per square foot. FSKH Development acquired a 0.62 hectare residential site at Mattar Road for S$223 million. Another site, Dairy Farm Road, was approved for residential use with commercial space on the first floor.
As the first phase of the CapitaLand URA Concept Tight For Developers, the Urban Redevelopment Authority (URA) has released the list of bidders for the project. The list of bidders for Sengkang Central is relatively low compared to the earlier Holland Road tender, which received 15 bids. A joint venture between CapitaLand and City Developments Limited and a Singapore Press Holdings-Kajima Development group also submitted concept proposals.