EXPRESSION OF INTEREST TO FINANCE, DESIGN & BUILD RESIDENTIAL APARTMENT BLOCKS ON ILE PERSEVERANCE

Closing Date:
Tender closed.

Subject

The Ministry of Lands and Housing wishes for interested developers to develop residential apartment blocks on Ile Perseverance. Land is being made available in 4 lots, for developers to finance, design & build the apartment blocks. The lots shall include an area for construction of housing units for the Government to nominate buyers to purchase from the developer at sale price agreed beforehand with the Government, and an area for the developer to build higher end units for rental / sale on the open market to Seychellois and Foreigners alike. The available lots are as follows:

Lot

Plot ref.

Area

(sqm)

development guidelines & specific conditions

land transfer terms

Minimum lease value (SR/Yr)

1

H13793

2605

minimum 30 units (maximum 36) built for developer's operation / rental. Buildings Gr. + 5 floors maximum. Parking for 100% of units to on the plot.

leased to developer

SR1 / yr for first 15 years, thereafter minimum of SR 68,500.00 / yr

H13830

1856

minimum 32 units Affordable Housing. Buildings Gr. + 3 floors. Parking for only 30% of units to be on the plot. For sale to applicants nominated by the MLH at agreed sale price

stays in ownership of the State

 

2

H13794

2507

minimum 30 units (maximum 36) built for developer's operation / rental. Buildings Gr. + 5 floors maximum. Parking for 100% of units to on the plot.

leased to developer

SR1 / yr for first 15 years, thereafter minimum of SR 68,500.00 / yr

 

H13797

1800

minimum 32 units Affordable Housing. Buildings Gr. + 3 floors. Parking for only 30% of units to be on the plot. For sale to applicants nominated by the MLH at agreed sale price

stays in ownership of the State

 

3

H13795

2625

minimum 30 units (maximum 36) built for developer's operation / rental. Buildings Gr. + 5 floors maximum. Parking for 100% of units to on the plot.

leased to developer

SR1 / yr for first 15 years, thereafter minimum of SR 68,500.00 / yr

 

H13798

1756

minimum 32 units Affordable Housing. Buildings Gr. + 3 floors. Parking for only 30% of units to be on the plot. For sale to applicants nominated by the MLH at agreed sale price

Stays in ownership of the state

 

4

H13796

1283

minimum 12 units (maximum 16) built for developer's operation / rental. Buildings Gr. + 5 floors maximum. Parking for 100% of units to on the plot.

leased to developer

SR1 / yr for first 15 years, thereafter minimum of SR 35,000.00 / yr

 

H13799

1176

minimum 16 units Affordable Housing. Buildings Gr. + 3 floors. Parking for 30% of units to be on the plot. For sale to applicants nominated by the MLH at agreed sale price

Stays in ownership of the State

 

Place of delivery/performance

Ile Perseverance, Seychelles

Collection of the  Project DATA Sheet

All interested participants should collect the project DATA sheet from the office of the Chief Executive Officer, Seychelles Infrastructure Agency, 2nd floor Independence House, Victoria, Mahe, Seychelles as from 09.00 am to 3.00pm on Monday 21st March 2022. The t deadline for collection of the project DATA sheet is Friday 22nd April 2022 not later than 12.00 noon.

Submission of Expression of Interest (EOI)

All Participants must submit their EOI to participate in this project not later than Friday 22nd April 2022, at 2:30 pm, at the office of the Chief Executive Officer, Seychelles Infrastructure Agency, 2nd floor Independence House, Victoria, Mahe, Seychelles & collect receipt upon delivery. From EOI received, the Ministry will select suitable candidates to proceed with submission of detailed competitive offers.

EOI must be placed in a sealed envelope, with the marked “Expression of Interest to Finance, Design & Build Residential Apartment Blocks on Ile Perseverance”.

EOI must contain all of the following documents;

  1. Cover letter informing of who the Developer is, including all associated partners if a consortium.
  2. Details of the Developer & his partners (including company registration certificate, memorandum and articles, copy of contractor’s license)
  • Resume / company profile / CV of the Developer & all his partners showing past business experience & projects worked on
  1. The most recent financial statement / proof of financial standing of the participant/s.

Further Information

The Chief Executive Officer, Seychelles Infrastructure Agency, 2nd floor, Independence House, Victoria, Mahe, Seychelles, Tel : +248 4674460