Bahrain seeks tenders for building over 300 new villas

Bahrain’s goverment has invited bids from qualifield contractors for the construction of 303 residential villas on island 14 at Madinat Salman off the northern coast of the kingdom. The project is being funded the grant provided by the Kuwait Fund for Arab Economic Development under the GCC Development Programme. As per the tender notification, preferance …

Singapore’s URA launches tender for the commercial site at Beach Road for S$1.138 bln

The Urban Redevelopment Authority (URA) has launched the commercial site at Beach Road for sale by public tender today. It was available for sale on the Reserve List of the 1st Half 2017 Government Land Sales (GLS) Programme. The site is intended for a predominantly office development with complementary uses such as residential, hotel and/or …

Arabtec wins AED 353 million award for the UAE Pavilion at Expo 2020

Arabtec Construction a wholly owned subsidiary of Arabtec Holding PJSC (“Arabtec” or “Group”), a leading contractor for social and economic infrastructure, has been awarded with an AED 353 million contract from Abu Dhabi National Media Council to build the UAE Pavilion at Expo 2020 which is located opposite Al Wasl Plaza in the centre of …

Singapore’s URA launches two sites at Fourth Avenue and Jiak Kim Street

Singapore’s Urban Redevelopment Authority (URA) has released two sites for sale today under the 1st Half 2017 Government Land Sales (GLS) Programme. The residential site at Fourth Avenue and another residential site with commercial at 1st storey at Jiak Kim Street are made available for application under the Reserve List. Together, these two sites can potentially …

Hong Kong’s Nan Fung Development wins tender for a site in Kai Tak, Kowloon,Hong Kong for $3.16 billion

Hong Kong’s Lands Department announced that the tender for a site, New Kowloon Inland Lot No. 6556 at Kai Tak Area 1F Site 2, Kai Tak, Kowloon, has been awarded to the highest tenderer, Rich Union Development Limited (parent company: Nan Fung Development Limited), on a 50-year land grant at a premium of HK$24.6 billion …

Singapore’s URA launches 3 residential sites, could yield about 2,000 residential units

  The Urban Redevelopment Authority (URA) has released three residential sites for sale under the 1st half 2017 Government Land Sales (GLS) Programme. The sites at Woodleigh Lane and Serangoon North Avenue 1 are launched for sale under the Confirmed List, while the site at Yishun Avenue 9 is available for application under the Reserve …

Singapore Land Authority to conduct first-ever price and quality tender

The Singapore Land Authority (SLA) will conduct the first-ever price and quality tender for the conserved State property at 26, 28, 30, 32 & 36 Orchard Road for commercial use. Awarding the tender based on a price and quality evaluation serves to support diversified and creative use of State properties and the introduction of new …

New World Development awarded tender for Kowloon West’s largest commercial site in Hong Kong

New World Development Company Limited (the “Group”) announced that the Group has successfully tendered for the commercial site at King Lam Street, Cheung Sha Wan, Kowloon. Cheung Sha Wan has undergone significant development in recent years. Many industrial buildings have been successfully transformed into commercial properties. With a gross floor area of around one million …

New World Development wins tender for government land site in Cheung Sha Wan,Hong Kong for HK$7.8 billion

New World Development has won a government land site in Cheung Sha Wan after paying a higher-than-expected HK$7.794 billion. The Lands Department announced that the tender for a site, New Kowloon Inland Lot No. 6505 at King Lam Street, Cheung Sha Wan, Kowloon, has been awarded to the highest tenderer, Super Record Limited (parent company: …

HNA Group pays HK$5.53 billion for its third land parcel Kai Tak site, Kowloon, Hong Kong

Hong Kong ‘s Lands Department has announced Wednesday that the tender for a site, New Kowloon Inland Lot No. 6564 at Kai Tak Area 1L Site 1, Kai Tak, Kowloon, has been awarded to the highest tenderer, HNA Group’s Top Genius Holdings Limited (parent company: Onwards Asia Limited), on a 50-year land grant at a …