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18 January 2022 · ura-pr22-04 · Urban Redevelopment Authority

Tender closing for URA sale sites at Jalan Tembusu and Lentor Hills Road (Parcel A)

Jalan TembusuTender closedLentor Hills Road (Parcel A)Tender closed

The Urban Redevelopment Authority (URA) closed the tender for the two sites at Jalan Tembusu and Lentor Hills Road (Parcel A) today.

The public tender for the two sites at Jalan Tembusu and Lentor Hills Road (Parcel A) was launched on 30 September 2021.

Please see Annex A and B for details of the sites and tender bids received.

This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.

Text as retrieved 18 September 2026 from the Urban Redevelopment Authority release ura-pr22-04, sha256 a67244543d8d. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Lentor Hills Road (Parcel A)

RankTendererTendered priceS$ psm GFA
1Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$586,591,288S$11,409.84
2Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$551,800,000S$10,733.11
3United Venture Development (2022) Pte. Ltd., parent: UOL Group Limited / Singapore Land Group Limited / Kheng Leong Company (Private) Limited (joint venture)S$508,300,000S$9,886.99
4UED Alpha Pte. Ltd., parent: Yanlord Land Group Limited (through United Engineers Limited) and Soilbuild Group Holdings Ltd.S$500,888,118S$9,742.82

Jalan Tembusu

RankTendererTendered priceS$ psm GFA
1CDL Triton Pte. Ltd., parent: City Developments LimitedS$768,000,000S$14,017.41
2Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, Garden Estates (Pte.) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$712,600,000S$13,006.26
3Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$708,100,000S$12,924.13
4Far East Civil Engineering (Pte.) Limited, parent: Far East Organization, CSC Land Group (Singapore) Pte. Ltd., Sekisui House, Ltd. and Stamford Land Development 1 Pte. Ltd.S$678,300,000S$12,380.22
5CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd, Sing-Haiyi Emerald Pte. Ltd. and TK 189 Development Pte. Ltd.S$653,833,333S$11,933.66
6UED Alpha Pte. Ltd., parent: Yanlord Land Group Limited (through United Engineers Limited) and Soilbuild Group Holdings Ltd.S$618,888,118S$11,295.85
7Winchamp Investment Pte. Ltd., parent: Wing Tai Holdings LimitedS$571,999,999S$10,440.05
8Pine II Residential Pte. Ltd.S$460,000,000S$8,395.85

Outcomes are not shown here: on the day of this release the tender was pending. The award, when it came, is its own release.

Documents

  1. Press releasePublished 18 January 2022

    Tender closing for URA sale sites at Jalan Tembusu and Lentor Hills Road (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr22-04
  2. AnnexPublished 18 January 2022

    Annex A to Tender closing for URA sale sites at Jalan Tembusu and Lentor Hills Road (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr22-04/pr22-04a.pdf
  3. AnnexPublished 18 January 2022

    Annex B to Tender closing for URA sale sites at Jalan Tembusu and Lentor Hills Road (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr22-04/pr22-04b.pdf