Result of SLA’s auction of heavy vehicle park at Eunos Road

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FOR IMMEDIATE RELEASE

1          The Singapore Land Authority (SLA) successfully concluded the public auction under tenancy of a Land Parcel of heavy vehicle park at 20 Eunos Road 4 today. The successful bidder is the incumbent, Mr Lim Chai Kiui, 62, who is Chairman of Kim Soon Lee Pte Ltd. Results are annexed.

2          The Land Parcel was launched for tenancy on 5 May 2009. The parcel was offered for tenancy for 3+2 years.

Attachments:
Annex A: Results of Auction

Issued by:
The Singapore Land Authority
27 May 2009

About SLA
Singapore Land Authority (SLA) is a statutory board with the Ministry of Law. Its mission is to optimise land resources for the economic and social development of Singapore. SLA is responsible for the direct management of some 14,000 hectares of State land and about 5,000 buildings. It is also in charge of land sales, leases, acquisitions and allocation, developing and marketing land-related information, and maintaining the national land information database through digitised land information services. SLA is also the national land registration authority for property transactions, and the issuance and guarantee of land titles in Singapore. It also manages and maintains the national land survey system, including the defining of boundaries or legal limits of properties based on a coordinated cadastre survey system. For more details, visit www.sla.gov.sg.

Annex A: Results of Auction

Location Site Area (m2) Allowable Development Name of successful bidder Successful bid price (S$) S$ psm of site area
20 Eunos Road 4, Singapore 408606 20,288.8 Heavy Vehicle Park Lim Chai Kiui 63,000 3.11