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23 October 2025 · ura-pr25-54 · Urban Redevelopment Authority

Tender closing for URA sale site at Upper Thomson Road (Parcel A)

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1. The Urban Redevelopment Authority (URA) closed the tender for the site at Upper Thomson Road (Parcel A) today.

2. The site at Upper Thomson Road (Parcel A) was launched for public tender on 24 June 2025.

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-pr25-54, sha256 80cad90c1923. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1Wee Hur Property Pte Ltd, parent: Wee Hur Holdings Ltd and GSC Holdings Pte LtdS$613,939,000S$11,426.59
2Frasers Property Phoenix Pte. Ltd., parent: Frasers Property Limited and SB (Westpoint) Investment Pte. Ltd.S$601,500,000S$11,195.07
3GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$546,512,967S$10,171.66
4Kingsford Huray Development Pte Ltd, parent: Kingsford GroupS$543,650,000S$10,118.37
5Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$540,000,000S$10,050.44

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 23 October 2025

    Tender closing for URA sale site at Upper Thomson Road (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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  2. AnnexPublished 23 October 2025

    Annex A to Tender closing for URA sale site at Upper Thomson Road (Parcel A)

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    ura-pr25-54/pr25-54a.pdf