15 July 2026 · ura-pr26-54 · Urban Redevelopment Authority
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The Urban Redevelopment Authority closed the tender for the site at Bayshore Drive today.
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The site at Bayshore Drive was launched for public tender on 30 March 2026.
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Please see Annex A for details of the site and tender bids received.
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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 19 September 2026 from the Urban Redevelopment Authority release ura-pr26-54, sha256 a8d262dbf367. Site chrome removed; headings, lists and tables kept.
| Rank | Tenderer | Tendered price | S$ psm GFA |
|---|---|---|---|
| 1 | Gemini Residential Pte. Ltd., parent: Frasers Property Limited (37.5%) / Sunway Berhad (30%) / Sekisui House, Ltd. (25%) / LC Realty Pte. Ltd. (7.5%) and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust), parent: Frasers Centrepoint Trust (50%) / Sunway Berhad (30%) / Sekisui House, Ltd. (20%) | S$2,128,000,000 | S$14,243.83 |
| 2 | Chiron Bay Pte. Ltd. and Chiron Bay Investments Pte. Ltd. | S$2,010,799,000 | S$13,459.34 |
| 3 | Breeze Residential Pte. Ltd. and Breeze Commercial Trustee Pte. Ltd. | S$1,986,084,999 | S$13,293.92 |
Outcomes are not shown here: on the day of this release the tender was pending. The award, when it came, is its own release.
Tender closing for URA sale site at Bayshore Drive
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedAnnex A to Tender closing for URA sale site at Bayshore Drive
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backed