[ Land sales ]

4 March 2025 · ura-pr25-08 · Urban Redevelopment Authority

Tender closing for URA sale site at Media Circle (Parcel A)

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1. The Urban Redevelopment Authority (URA) closed the tender for the site at Media Circle (Parcel A) today.

2. The site at Media Circle (Parcel A) was launched for public tender on 26 November 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-pr25-08, sha256 578ff71d5b08. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1CNQC Realty (Bloomsbury) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Forsea Residence Pte. Ltd., parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation) and Hoovasun Holding Pte. Ltd.S$315,000,000S$11,158.34
2EL Development Pte LtdS$298,000,000S$10,556.15
3Sing-Haiyi Garnet Pte. Ltd., parent: SingHaiyi Group Ltd.S$295,000,000S$10,449.88

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 March 2025

    Tender closing for URA sale site at Media Circle (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    578ff71d5b0863a664d9cd193ff20e8cdf17eaf07abbf6552cdc1e48a7ce09b9
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  2. AnnexPublished 4 March 2025

    Annex A to Tender closing for URA sale site at Media Circle (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr25-08/pr25-08a.pdf