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The Urban Redevelopment Authority (URA) has awarded the tender for the site at Dairy Farm Walk to the highest tenderer, Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd.
The site at Dairy Farm Walk was launched for tender on 21 October 2021. The tender for the site closed on 8 March 2022. The site was offered for sale on 99-year lease term.
Details of the awarded site and the successful tenderer are provided below:
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| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA(GFA) | SUCCESSFUL TENDERER | TENDERED PRICE($PSM of GFA) |
|---|---|---|---|---|---|
| Dairy Farm Walk | Residential | 15,663.2 m2 | 32,893 m2 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $347,001,000 ($10,549.39) |