[ Land sales ]

23 June 2026 · ura-pr26-48 · Urban Redevelopment Authority

Tender award for URA sale site at River Valley Green (Parcel C)

1 The Urban Redevelopment Authority has awarded the tender for the site at River Valley Green (Parcel C) to the highest tenderer, SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd.

2 The site at River Valley Green (Parcel C) was launched for tender on 9 April 2026. The tender for the site closed on 18 June 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:

Details of the awarded site and the successful tenderer

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE ($PSM of GFA)
River Valley Green (Parcel C)Residential11,516.0 m²40,306 m²SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd.$ 750,569,199.00 ($18,621.77)

Text as retrieved 19 September 2026 from the Urban Redevelopment Authority release ura-pr26-48, sha256 0308dba21945. Site chrome removed; headings, lists and tables kept.

Awards in this release

River Valley Green (Parcel C)

SMCL Haven 3 Pte. Ltd., parent: Sunway Berhad (indirect wholly owned subsidiary) and CSC Land Group (Singapore) Pte. Ltd.: S$750,569,199 (S$18,621.77 psm GFA, about S$1,730 psf ppr derived).

Rank 1 of the bids disclosed at the close of 18 June 2026 (ura-pr26-47). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 23 June 2026

    Tender award for URA sale site at River Valley Green (Parcel C)

    Urban Redevelopment Authority · Retrieved 19 September 2026

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