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The Urban Redevelopment Authority has awarded the tender for the site at New Upper Changi Road to the highest tenderer, United Venture Development (Daisy) Pte. Ltd. and CL Sapphire Pte. Ltd.
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The site at New Upper Changi Road was launched for tender on 15 May 2026. The tender for the site closed on 1 September 2026. The site was offered for sale on a 99-year lease term.
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Details of the awarded site and the successful tenderer are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| New Upper Changi Road | Residential | 30,769.0 m² | 86,154 m² | United Venture Development (Daisy) Pte. Ltd. and CL Sapphire Pte. Ltd. | $1,425,388,000.00 ($16,544.65) |