1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Tanjong Rhu Road to the highest tenderer, CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd.
2 The site at Tanjong Rhu Road was launched for tender on 26 November 2025. The tender for the site closed on 5 February 2026. 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
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM OF GFA) |
|---|---|---|---|---|---|
| Tanjong Rhu Road | Residential | 12,239.3 m² | 45,286 m² | CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. | $709,252,000.00 ($15,661.62) |