TENDER BRIEF - TIONG BAHRU ONE

20 February 2003

1 The Singapore Land Authority (SLA) is inviting tenders for the development of the land parcel at Jalan Bukit Ho Swee for and on behalf of the Government of the Republic of Singapore.

2 This site was originally on the Reserve List. On 7 February 03, SLA announced that it had received an application from a developer for the site to be put up for public tender. The developer has committed to bid at least S$48,000,000.00 for the land parcel in the public tender. 3 The land parcel is adjacent to the Tiong Bahru Plaza and MRT station. It has a gross plot ratio of 4.2 and a site area of 5,348 sqm. Click here for details of the sales site and the location plan.

TENDER DETAILS

Submission of Tender All tenders must be deposited in the tender box at SLA’s Tender Closing Room at 26th storey of Temasek Tower, 8 Shenton Way Singapore 068811 on 20 March 2003 between 9 am and 12 noon only.

Any tender submitted after 12 noon on the tender submission date and/or any tender with a tendered sale price less than S$48,000,000.00 will not be considered.

Tender Deposit At least 5% of the tendered sale price by (a) Cashier’s Order, (b) Bank Guarantee or (c) a combination of (a) and (b).

Acceptance of Tender Tenders shall be valid for 12 weeks from and including the tender submission date.

Tender shall be awarded based on the tendered sale price. However, SLA reserves the right to reject the highest or any tender.

Developer’s Packets S$103 (inclusive of GST) from the DTZ Debenham Tie Leung (SEA) Pte Ltd at 100 Beach Road #35-00 Shaw Tower Singapore 189702, from Monday to Friday between 9am and 5pm.

Provisional Tender Results Available after 5.00 pm on 20 March 2003 at SLA, 26th storey of Temasek Tower, 8 Shenton Way, Singapore 068811 and at http://www.sla.gov.sg/ls_index.htm

Enquiries Please contact Ms Swee Shou Fern at 6393 2523 Email: [email protected] Mr Jonathan Chin at 6393 2365 Email: [email protected]