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4 April 2024 · ura-pr24-12 · Urban Redevelopment Authority

Tender closing for URA sale sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B)

Upper Thomson Road (Parcel B)Tender closedZion Road (Parcel A)Tender closed

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The Urban Redevelopment Authority (URA) closed the tender for the two sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B) today.

The public tender for the two sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B) was launched on 04 December 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-pr24-12, sha256 c19737a0c546. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Upper Thomson Road (Parcel B)

RankTendererTendered priceS$ psm GFA
1GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings LimitedS$779,555,000S$9,737.13

Zion Road (Parcel A)

RankTendererTendered priceS$ psm GFA
1CDL-MFA Vega Property Pte. Ltd., parent: City Developments Limited and CDL-MFA Altair Property Pte. Ltd., parent: City Developments LimitedS$1,106,888,000S$12,937.43

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 4 April 2024

    Tender closing for URA sale sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B)

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    c19737a0c54674b28757f10db0cd66a9b6d0c308e5fe8f514ef8a8af4c75ee88
    Size
    427,050 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:36 UTC
    Prevo reference
    ura-pr24-12
  2. AnnexPublished 4 April 2024

    Annex A to Tender closing for URA sale sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    Open original source

    Technical details
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    597a88a046fa202902bd07fb09be5717b50fbc650a6c6991d2cecfd4ad4fdf74
    Size
    10,095 bytes
    Format
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    Retrieved at
    2026-09-18 15:39:36 UTC
    Prevo reference
    ura-pr24-12/pr24-12a.pdf
  3. AnnexPublished 4 April 2024

    Annex B to Tender closing for URA sale sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B)

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    cfb098e6f17959cbcb158e344bcbbea7dfb2eefb3c07c7f834ec78f1015026bd
    Size
    9,828 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:36 UTC
    Prevo reference
    ura-pr24-12/pr24-12b.pdf