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14 January 2025 · ura-pr25-02 · Urban Redevelopment Authority

Tender closing for URA sale sites at Dairy Farm Walk and Tengah Garden Avenue

Dairy Farm Walk (21,881.8 sqm parcel)Tender closedTengah Garden AvenueTender closed

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1. The Urban Redevelopment Authority (URA) closed the tender for the two sites at Dairy Farm Walk and Tengah Garden Avenue today.

2. The sites at Dairy Farm Walk and Tengah Garden Avenue were launched for public tender on 13 June 2024.

3. Please see Annex Aand Bfor details of the sites 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-pr25-02, sha256 37e3cacfedcd. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Tengah Garden Avenue

RankTendererTendered priceS$ psm GFA
1Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, CSC Land Group (Singapore) Pte. Ltd. and GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand LimitedS$675,000,000S$8,837.85
2Kingsford Huray Development Pte Ltd, parent: Kingsford GroupS$670,108,000S$8,773.80
3Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$668,000,000S$8,746.20

Dairy Farm Walk (21,881.8 sqm parcel)

RankTendererTendered priceS$ psm GFA
1SNC2 Realty Pte. Ltd., parent: SingHaiyi Group Ltd., Apex Asia Alpha Investment Two Pte. Ltd., parent: Apex Asia Development Pte. Ltd., Soon Li Heng Civil Engineering Pte Ltd and Kay Lim Realty Pte. Ltd., parent: Kay Lim Holdings Pte. Ltd.S$504,515,000S$10,979.41
2Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$410,000,000S$8,922.55

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 January 2025

    Tender closing for URA sale sites at Dairy Farm Walk and Tengah Garden Avenue

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    Open original source

    Technical details
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    37e3cacfedcd029d52c8d3162ee6d309422a3ebacab818f5da5e644f0ca0c8f1
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    Retrieved at
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    ura-pr25-02
  2. AnnexPublished 14 January 2025

    Annex A to Tender closing for URA sale sites at Dairy Farm Walk and Tengah Garden Avenue

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ba0e424a2db671d71c96912af5f80f3b0f51d706eaf7c555abdb2f6773509e73
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    ura-pr25-02/pr25-02a.pdf
  3. AnnexPublished 14 January 2025

    Annex B to Tender closing for URA sale sites at Dairy Farm Walk and Tengah Garden Avenue

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

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    ad6812c7aae9775e0bf67658b5fd82ecd5acb20d49bed03d5ea6c23e34e3e92d
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    Retrieved at
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    Prevo reference
    ura-pr25-02/pr25-02b.pdf