[ Land sales ]

16 October 2025 · ura-pr25-52 · Urban Redevelopment Authority

Tender award for URA sale site at Dorset Road

1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Dorset Road to the highest tenderer, United Venture Development (2022) Pte. Ltd.

2. The site at Dorset Road was launched for tender on 24 June 2025. The tender for the site closed on 9 October 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)
Dorset RoadResidential10,399.0 m236,397 m2United Venture Development (2022) Pte. Ltd.$524,300,800.00 ($14,405.06)

Text as retrieved 18 September 2026 from the Urban Redevelopment Authority release ura-pr25-52, sha256 f10f04ecd812. Site chrome removed; headings, lists and tables kept.

Awards in this release

Dorset Road

United Venture Development (2022) Pte. Ltd., parent: UOL Group Limited / Singapore Land Group Limited / Kheng Leong Company (Private) Limited (joint venture): S$524,300,800 (S$14,405.06 psm GFA, about S$1,338 psf ppr derived).

Rank 1 of the bids disclosed at the close of 9 October 2025 (ura-pr25-51). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 16 October 2025

    Tender award for URA sale site at Dorset Road

    Urban Redevelopment Authority · Retrieved 18 September 2026

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