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1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at River Valley Green (Parcel A) to the highest tenderer, Winchamp Investment Pte. Ltd.
2. The site at River Valley Green (Parcel A) was launched for tender on 11 March 2024. The tender for the site closed on 19 June 2024. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| River Valley Green (Parcel A) | Residential | 9,293.3 m² | 32,527 m² | Winchamp Investment Pte. Ltd. | $463,999,999.00 ($14,265.07) |