19 November 2024 · ura-pr24-53 · Urban Redevelopment Authority
1. The Urban Redevelopment Authority (URA) closed the tender for the site at Faber Walk today.
2. The site at Faber Walk was launched for public tender on 12 September 2024.
3. Please see Annex A for details of the site and tender bids received.
4. 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-pr24-53, sha256 f7a376ac0911. Site chrome removed; headings, lists and tables kept.
| Rank | Tenderer | Tendered price | S$ psm GFA |
|---|---|---|---|
| 1 | GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited | S$349,857,988 | S$9,687.60 |
| 2 | Oasis (2024) Pte Ltd | S$321,308,000 | S$8,897.05 |
| 3 | SNC2 Realty Pte. Ltd., parent: SingHaiyi Group Ltd., Apex Asia Alpha Investment Two Pte. Ltd., parent: Apex Asia Development Pte. Ltd. and Soon Li Heng Civil Engineering Pte Ltd | S$282,888,000 | S$7,833.19 |
Outcomes are not shown here: on the day of this release the tender was pending. The award, when it came, is its own release.
Tender closing for URA sale site at Faber Walk
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedAnnex A to Tender closing for URA sale site at Faber Walk
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backed