MGP Kimi Awarded Tender For White Site At Marina View

Source : The Straits Times, Dec 5, 2007

THE Urban Redevelopment Authority (URA) has awarded the tender for the white site at Marina View (Land Parcel B) to MGP Kimi Pte Ltd.

A statement released on Wednesday said that MGP Kimi had submitted the highest bid of $8,389.58 per sq m of gross floor area.

The maximum permissible gross floor area of the site is 113,580 sq m.

The tender was launched on July 31, this year and closed on Nov 13.

It was offered for sale on a 99-year lease.