[ Land sales ]

31 March 2026 · ura-pr26-25 · Urban Redevelopment Authority

Tender award for URA sale site at Dover Drive

1 The Urban Redevelopment Authority has awarded the tender for the site at Dover Drive to the highest tenderer, CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd.

2 The site at Dover Drive was launched for tender on 26 November 2025. The tender for the site closed on 26 March 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

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE($PSM of GFA)
Dover DriveResidential with Commercial at 1st Storey13,517.2 m²56,773 m²CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd.$951,000,999.00 ($16,750.94)

Text as retrieved 19 September 2026 from the Urban Redevelopment Authority release ura-pr26-25, sha256 bccfa4b89756. Site chrome removed; headings, lists and tables kept.

Awards in this release

Dover Drive

CNQC Realty (Prime) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Forsea Residence Pte. Ltd., parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation) and Jianan Realty Investments (1) Pte. Ltd.: S$951,000,999 (S$16,750.94 psm GFA, about S$1,556 psf ppr derived).

Rank 1 of the bids disclosed at the close of 26 March 2026 (ura-pr26-22). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 31 March 2026

    Tender award for URA sale site at Dover Drive

    Urban Redevelopment Authority · Retrieved 19 September 2026

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