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14 May 2024 · ura-pr24-22 · Urban Redevelopment Authority

Tender closing for URA sale site at Holland Drive

Holland DriveTender closed

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The Urban Redevelopment Authority (URA) closed the tender for the site at Holland Drive today.

The site at Holland Drive was launched for public tender on 27 February 2024.

Please see Annex A for details of the site 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-pr24-22, sha256 5d0d8452c4eb. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1Holly Development Pte. Ltd., parent: UOL Group Limited / CapitaLand Development / Singapore Land Group Limited (joint venture)S$805,390,000S$13,832.61
2Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd.S$765,262,000S$13,143.41
3Japura Development Pte LtdS$632,000,000S$10,854.63

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 14 May 2024

    Tender closing for URA sale site at Holland Drive

    Urban Redevelopment Authority · Retrieved 18 September 2026

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  2. AnnexPublished 14 May 2024

    Annex A to Tender closing for URA sale site at Holland Drive

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr24-22/pr24-22a.pdf