1 September 2026 · ura-pr26-63 · Urban Redevelopment Authority
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The Urban Redevelopment Authority closed the tender for the site at New Upper Changi Road today.
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The site at New Upper Changi Road was launched for public tender on 15 May 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-pr26-63, sha256 8a3cfc6fcc30. Site chrome removed; headings, lists and tables kept.
| Rank | Tenderer | Tendered price | S$ psm GFA |
|---|---|---|---|
| 1 | United Venture Development (Daisy) Pte. Ltd., parent: UOL Group Limited / Singapore Land Group Limited (joint venture; exact shareholding to verify) and CL Sapphire Pte. Ltd., parent: CapitaLand Development / CapitaLand Group Pte. Ltd. | S$1,425,388,000 | S$16,544.65 |
| 2 | CDL Constellation Pte. Ltd., parent: City Developments Limited and Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd. | S$1,252,000,000 | S$14,532.12 |
| 3 | GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited and Apricate Pte. Ltd. | S$1,242,664,619 | S$14,423.76 |
| 4 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$1,215,000,000 | S$14,102.65 |
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 New Upper Changi Road
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedAnnex A to Tender closing for URA sale site at New Upper Changi Road
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backed