15 September 2026 · ura-pr26-65 · Urban Redevelopment Authority
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The Urban Redevelopment Authority closed the tender for the site at Lorong Puntong / Sin Ming Avenue today.
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The site at Lorong Puntong / Sin Ming Avenue was launched for public tender on 25 June 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 bid has been evaluated. This will be publicised at a later date.
Text as retrieved 19 September 2026 from the Urban Redevelopment Authority release ura-pr26-65, sha256 165061738db4. Site chrome removed; headings, lists and tables kept.
| Rank | Tenderer | Tendered price | S$ psm GFA |
|---|---|---|---|
| 1 | Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad | S$208,099,000 | S$17,350.26 |
| 2 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$187,330,000 | S$15,618.64 |
| 3 | SMCL Oasis Pte. Ltd. | S$185,380,000 | S$15,456.06 |
| 4 | EL Development Pte Ltd | S$182,100,000 | S$15,182.59 |
| 5 | JBE Capital Pte. Ltd. | S$173,292,200 | S$14,448.24 |
| 6 | SNC3 Realty Pte. Ltd., HS Invesco Pte. Ltd. and Kay Lim Realty Pte. Ltd., parent: Kay Lim Holdings Pte. Ltd. | S$168,888,000 | S$14,081.04 |
| 7 | Peak Valley Private Limited | S$162,150,000 | S$13,519.26 |
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 Lorong Puntong / Sin Ming Avenue
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedAnnex A to Tender closing for URA sale site at Lorong Puntong / Sin Ming Avenue
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backed