Prevo
[ Land sales ]

18 January 2024 · ura-pr24-02 · Urban Redevelopment Authority

Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

Marina Gardens CrescentTender closedMedia CircleTender closed

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

The Urban Redevelopment Authority (URA) closed the tender for the two sites at Marina Gardens Crescent and Media Circle today.

The public tender for the two sites at Marina Gardens Crescent and Media Circle was launched on 30 June 2023.

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-pr24-02, sha256 991fd3a80edc. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Media Circle

RankTendererTendered priceS$ psm GFA
1CNQC Realty (Clementi) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and Forsea Residence Pte. Ltd., parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation)S$395,288,889S$12,819.90
2Intrepid 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$385,000,000S$12,486.22
3CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Singhaiyi Property Development Pte. Ltd.S$321,009,000S$10,410.88

Marina Gardens Crescent

RankTendererTendered priceS$ psm GFA
1GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$770,456,256S$10,591.77

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 2024

    Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    991fd3a80edcd3b4745111b6168a0b3541102bae2d9b363310a3f8d1e2199023
    Size
    428,158 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02
  2. AnnexPublished 18 January 2024

    Annex A to Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    f9b45de65c181c67987bc87bd7e7a5eddb903fb0bbd35e412da3ba2f4e8afe02
    Size
    16,147 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02/pr24-02a.pdf
  3. AnnexPublished 18 January 2024

    Annex B to Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    fd2c79df3d6829eaa596070476cc40aa191e0f8b41aa6751a979d9f5d0f96246
    Size
    17,727 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02/pr24-02b.pdf