Former Alkaff Mansion awarded to LES Pte Ltd

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FOR IMMEDIATE RELEASE


1 18 June 2010 - The Singapore Land Authority (SLA) has awarded LES Pte Ltd a tenancy for the former Alkaff Mansion at 10, Telok Blangah Green. The approved uses at the site are F&B/restaurant, art gallery, wellness/spa facilities and museum.

2 The tenancy is for an initial term of 3-years and is renewable for another two terms of three years each. SLA received a total of 9 bids, with LES Pte Ltd, submitting a bid of S$79,251 per month. Refer to Annex A for the list of bidders.

3 The former Alkaff Mansion was designated a conservation building on 9 Jun 2005. The site has a land area of about 8,983.6 square metres (sq m) and an approximate Gross Floor Area of 1,220 sq m.

4 For media enquiries, please contact Ms Charmaine Wee at Tel: 6478 3883 or E-mail: Charmaine_Wee@sla.gov.sg or Ms Julia Poh at Tel: 6478 3884 or E-mail: Julia_Poh@sla.gov.sg.

-End-

Issued by:
The Singapore Land Authority
18 June 2010


Attachments:
Annex A: Details of bids at 10 Telok Blangah Green

 

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.

 

Annex A: Details of bids at 10 Telok Blangah Green

State Property at 10 Telok Blangah Green
S/No name of Tenderer Tendered Monthly Rent (S$)
1 LES Pte Ltd 79,251
2 Fragrance Group Ltd 41,300
3 Bakerzin Holdings Pte Ltd 36,380
4 Villa Frangipani.Com Pte Ltd 36,010
5 Wei Wen 30,000
6 Timbre 2 Pte Ltd 28,500
7 Sarika Connoisseur Café Pte Ltd 23,431
8 Mark Ko Teong Hoon 12,500
9 Sofkar Sg Pte Ltd 3,009