Overview
- The tender covers 132 leasehold strata units at 176A Orchard Road, comprising 66 apartments and 66 rear retail units.
- The remaining 151 front-facing retail units under MCST Plan No. 1298 are excluded from the sale.
- The guide price equals S$2,709 per square foot per plot ratio after a S$260 million land betterment charge to renew the lease to 99 years, with about 52 years left currently.
- URA controls allow commercial use at a 5.6 plot ratio with a 10-storey height cap, while SLA cites a verified baseline of about 171,482 sq ft and a maximum GFA near 250,320 sq ft.
- The public tender opened Jan 7 and closes Feb 26 at 3pm, with Savills indicating likely developer interest and aiming to beat the guide.