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18 March 2025 · ura-pr25-11 · Urban Redevelopment Authority

Tender closing for URA sale site at Bayshore Road

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1. The Urban Redevelopment Authority (URA) closed the tender for the site at Bayshore Road today.

2. The site at Bayshore Road 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-pr25-11, sha256 aee3c02fb618. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1Sing-Haiyi Garnet Pte. Ltd., parent: SingHaiyi Group Ltd.S$658,888,998S$14,944.52
2Sing Holdings Residential Pte. Ltd.S$653,530,000S$14,822.97
3CDL Polaris Properties Pte. Ltd., parent: City Developments LimitedS$620,800,000S$14,080.61
4Frasers Property Phoenix II Pte Ltd, parent: Frasers Property Limited, Sekisui House, Ltd. and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) LimitedS$610,000,001S$13,835.65
5Kingsford Huray Development Pte Ltd, parent: Kingsford GroupS$594,500,000S$13,484.09
6Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway BerhadS$594,200,000S$13,477.28
7Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and CSC Land Group (Singapore) Pte. Ltd.S$500,675,566S$11,356.02
8Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$485,000,000S$11,000.48

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 18 March 2025

    Tender closing for URA sale site at Bayshore Road

    Urban Redevelopment Authority · Retrieved 18 September 2026

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  2. AnnexPublished 18 March 2025

    Annex A to Tender closing for URA sale site at Bayshore Road

    Urban Redevelopment Authority · Retrieved 18 September 2026

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