URA SALE OF SITEW h i t e S i t e D e v e l o p m e n t

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IEF The Urban Redevelopment Authority (“the Authority”) is inviting tenders

for the development of the Land Parcel described below for and on behalf of the Government of the Republic of Singapore.

PARTICULARS OF LAND PARCELLocation Thomson Road / Irrawaddy Road

Site Area 6,676.8m2

Lease Period 99 years

Allowable Development White Site

Maximum PermissibleGross Floor Area (GFA)

28,043m2

Maximum Building Height 153m AMSL+

Project Completion Period 60 months++

+ AMSL means Above Main Sea Level++ Computed from the date of acceptance of the tender by the Autvhority up to the date of issue of Temporary Occupation Permit for the whole of the proposed development.

URBANREDEVELOPMENTAUTHORITY

To make Singapore a great city to live, work and play in

Office Address:Urban Redevelopment Authority, 45 Maxwell Road, The URA Centre, Singapore 069118

Telephone No: (65) 6329 3326

Fax: (65) 6323 5674

Internet Address: http://www.ura.gov.sg/sales

CONDITIONS

This tender brief is meant to highlight only some of the

principal points of the tender and does not form part

of the tender documents. All tenderers shall comply

with the terms and requirements as stipulated in the

“Conditions of Tender” and “Technical Conditions of

Tender” contained in the “Developer’s Packet”.

ENQUIRIES

Enquiries can be made as follows:

1 Mr Soon Min Hau at (65) 6329 3351 or

Mr Chan Swee Leng at (65) 6321 8351

2 Customer Service Hotline at

(65) 6329 3326

3 Online enquiries

http://www.ura.gov.sg/sales/site_enquiry.jsp

4 Via the Enquiry Forms provided in the “Developer’s

Packet”.

1 The tenderers shall deposit the duly completed form of tender :-

(a) under sealed cover in the envelope provided in the Developer’s Packet

(b) in the tender box at Room 10 -1, 10th Storey, Tower, The URA Centre, 45 Maxwell Road, Singapore 069118

(c) on 4 December 2012 at or about 12 noon

of that day. Room 10-1 will be opened by 9 am on that day

2 The following tenders will not be considered:

(a) Any tender submitted after 12 noon on the tender submission date

(b) Any tender with a tendered sale price less than $211,300,000

SUBMISSION OF TENDER

TENDER DEPOSIT

1 Every tenderer shall pay a tender deposit of 5% or more of the tendered sale price.

2 The tender deposit mentioned in paragraph 1

above (hereinafter referred to as “the Tender Deposit”) may be paid by any one or more

of the following methods:-

(a) Cashier’s Order (b) Bank Transfer(c) Bank Guarantee (d) Insurance Guarantee

(Please refer to the Conditions of Tender for detailed requirements.) Payment in CASH or by CHEQUE or any other means WILL NOT BE ACCEPTED.

3 The Tender Deposit will be returned to all unsuccessful tenderers.

4 The Tender Deposit shall be forfeited if the tenderer withdraws his tender after the date and time for submission of tenders.

5 Tenders submitted without the Tender Deposit shall be disqualified.

DEVELOPER’S PACKETS

“Developer’s Packet” containing the Conditions of

Tender, Technical Conditions of Tender and other

relevant documents and information for the tender

and the Land Parcel is available at $107 (inclusive

of GST) from -

Customer Service Counter,

1st Storey, The URA Centre,

45 Maxwell Road, Singapore 069118

“Developer’s Packet” can also be purchased

via URA-online at http://www.ura.gov.sg/sales/

sale_of_developer’s_packet.html at $107 (delivery

charges applicable) for local and overseas purchasers.

PAYMENT OF THE SALE PRICE

The successful tenderer shall pay the tendered sale price and the Goods and Services Tax (GST) thereon by Cashier’s Order as follows:-

(a) 25% (less the Tender Deposit) and the GST on 25% of the tendered sale price within twenty-eight (28) days of the acceptance of his tender;

(b) 75% and the GST thereon within ninety (90) days of acceptance of his tender.

ACCEPTANCE OF TENDER

1 Tenders shall remain valid for acceptance for four (4) weeks from the said date for submission of tenders. However, the Authority may by notice in writing to each tenderer extend the validity period of his tender by such further period not exceeding 2 weeks.

2 Selection of the winning tender will be based on tendered sale price. However, the Authority reserves the right to reject the highest or any tender.

FLEXIBILITY OF USE

The 0.66ha White site can yield around 28,000m2 of GFA. At least 30% of the maximum permissible GFA for the development is to be allocated for hotel use and the remaining GFA can be developed for residential, office, retail and other complementary commercial uses.

CHOICE SITE WITH HIGH ACCESSIBILITY

Conveniently situated next to Novena MRT Station, the site enjoys excellent connectivity through the Mass Rapid Transit (MRT) system. The site is also highly accessible to the City Centre and rest of the island via Central Expressway (CTE) and main arterial roads like Thomson Road, Newton Road and Moulmein Road.

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Velocity @ Novena Square

Novena MRT Station

Novena Square 2

Oasia Hotel

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Newton 200

Tan Tock Seng Hospital

Novena Medical Centre

SYNERGY WITH SURROUNDING DEVELOPMENTS

The Novena area is also a well-known medical hub, with Tan Tock Seng Hospital, Novena Medical Centre, National Skin Centre, National Neuroscience Institute and Mount Elizabeth Novena Hospital all located within the vicinity. The proposed development will serve to provide hotel accommodation and commercial services supporting the surrounding hospitals and medical hub.

COMMERCIAL HUB AT THE CITY FRINGE

The land parcel is located within an established commercial hub at Novena, which is located at the fringe of the city and a stone’s throw away from Orchard Road. This area is home to many existing commercial developments, such as Velocity@Novena Square, United Square and Square 2.

Tampines Expressway

Seletar Expressway

Bukit Tim

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Pan-Island ExpresswayAyer Rajah Expressway

East Coast Parkway

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NovenaMRT

WoodlandsCauseway

SecondLink

LAND PARCEL

THOMSON ROAD

IRRAWADDY ROAD

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Balestier HillShopping Centre

PoliceHeadquarter

Ren CiCommunityHospital

Tan Tock SengHospital

National NeuroscienceInstitute

NovenaMedical Centre

National SkinCentre

St Joseph’sInstitution Junior

Kampong JavaPark

KK Women’s& Children’sHospital

Velocity @Novena Square

Square 2

Oasia Hotel

Royal Hotel

NovenaMRT

Ministry ofHome Affairs

RevenueHouse

ThomsonMedical Centre

Mount Elizabeth Novena Hospital

GoldhillShopping

Centre

UnitedSquare

Anglo-ChineseSchool

Anglo-ChineseSchool (Primary)

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BALESTIER ROAD

PAN ISLAND EXPRESSWAY

NEWTON

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MOULMEIN ROAD

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LANDPARCEL 4

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