2 June 2022 · ura-pr22-24 · Urban Redevelopment Authority

Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road

Dunman RoadTender closed Pine Grove (Parcel A)Tender closed

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The Urban Redevelopment Authority (URA) closed the tender for the two sites at Pine Grove (Parcel A) and Dunman Road today.

The public tender for the two sites at Pine Grove (Parcel A) and Dunman Road were launched on 24 February 2022 and 14 March 2022 respectively.

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-pr22-24, sha256 51957dd08fec. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Dunman Road

Rank	Tenderer	Tendered price	S$ psm GFA
1	Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd.	S$1,283,888,998	S$14,536.62
2	Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, CDL Constellation Pte. Ltd., parent: City Developments 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$1,067,000,000	S$12,080.93

Pine Grove (Parcel A)

Rank	Tenderer	Tendered price	S$ psm GFA
1	United Venture Development (No. 5) Pte. Ltd., parent: UOL Group Limited / Singapore Land Group Limited (joint venture)	S$671,500,800	S$14,189.73
2	Pine II Residential Pte. Ltd.	S$671,500,000	S$14,189.72
3	CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd, Sing-Haiyi Pearl Pte. Ltd. and KSH Ultra Unity Pte. Ltd.	S$623,100,000	S$13,166.96
4	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited	S$555,800,000	S$11,744.82
5	CDL Constellation Pte. Ltd., parent: City Developments Limited, Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and Garden Estates (Pte.) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd.	S$555,222,000	S$11,732.60

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

Press releasePublished 2 June 2022
Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
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Open original source
Technical details
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51957dd08fec5e0f055de50ecd4ba2ad978c1ec58c11c832ae08547b3d61d580
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425,783 bytes
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ura-pr22-24
AnnexPublished 2 June 2022
Annex A to Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
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830fb70f398b61d90858e6b3495312fab9fdd2dd3499b10bd5c247fe07176f76
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ura-pr22-24/pr22-24a.pdf
AnnexPublished 2 June 2022
Annex B to Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backed
Open original source
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bc3e03852ebe641c5055c0f66816933ef03088d9377fc09a5ae4f48772e5f434
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5,841 bytes
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application/pdf
Retrieved at
2026-09-18 12:12:38 UTC
Prevo reference
ura-pr22-24/pr22-24b.pdf