[ Land sales ]

17 July 2025 · ura-pr25-39 · Urban Redevelopment Authority

Tender award for URA sale site at Chuan Grove

1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Chuan Grove to the highest tenderer, Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd.

2 The site at Chuan Grove was launched for tender on 3 December 2024. The tender for the site closed on 8 July 2025. 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

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE ($PSM of GFA)
Chuan GroveResidential15,831.5 m247,495 m²Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd.$703,600,000.00 ($14,814.19)

Text as retrieved 18 September 2026 from the Urban Redevelopment Authority release ura-pr25-39, sha256 62e56c1569ee. Site chrome removed; headings, lists and tables kept.

Awards in this release

Chuan Grove

Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad: S$703,600,000 (S$14,814.19 psm GFA, about S$1,376 psf ppr derived).

Rank 1 of the bids disclosed at the close of 8 July 2025 (ura-pr25-37). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 17 July 2025

    Tender award for URA sale site at Chuan Grove

    Urban Redevelopment Authority · Retrieved 18 September 2026

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