Dunman Road
AwardedResidential. URA sale site, built as Grand Dunman.
S$1,283,888,998
S$14,536.62 psm GFA, about S$1,350 psf ppr (derived). Awarded 14 June 2022 to Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Dunman Road | Residential | 25,234.3 m² | 88,321 m² | Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd. | S$1,283,888,998(S$14,536.62) |
As listed at the close of 2 June 2022 (ura-pr22-24), with the outcome the award of 14 June 2022 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd. | S$1,283,888,998 | S$14,536.62 | S$1,350 | Awarded |
| 2 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, CDL Constellation Pte. Ltd., parent: City Developments Limited, Garden Estates (Pte.) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$1,067,000,000 | S$12,080.93 | S$1,122 | Unsuccessful |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
14 June 2022
AwardedAward of tender for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Awarded to
Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd., S$1,283,888,998 (S$14,536.62 psm GFA, about S$1,350 psf ppr).
Read the press releaseHide the press releaseura-pr22-27
The Urban Redevelopment Authority (URA) has awarded the tenders for the sites at Pine Grove (Parcel A) and Dunman Road to the highest tenderers, namely United Venture Development (No. 5) Pte. Ltd. for the site at Pine Grove (Parcel A) and Sing-Haiyi Jade Pte. Ltd. for the site at Dunman Road.
The sites at Pine Grove (Parcel A) and Dunman Road were launched for tender on 24 February 2022 and 14 March 2022 respectively. The tenders for these sites closed on 2 June 2022. The sites were offered for sale on 99-year lease terms.
Details of the awarded sites and the successful tenderers are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Pine Grove (Parcel A) | Residential | 22,534.7 m2 | 47,323 m2 | United Venture Development (No. 5) Pte. Ltd. | $671,500,800 ($14,189.73) |
| Dunman Road | 25,234.3 m2 | 88,321 m2 | Sing-Haiyi Jade Pte. Ltd. | $1,283,888,998 ($14,536.62) |
2 June 2022
Tender closedTender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
2 bids disclosed
Highest S$1,283,888,998 (S$14,536.62 psm GFA) from Sing-Haiyi Jade Pte. Ltd., parent: SingHaiyi Group Ltd.
Read the press releaseHide the press releaseura-pr22-24
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
The Urban Redevelopment Authority (URA) closed the tender for the two sites at Pine Grove (Parcel A) and Dunman Road today.
The public tender for the two sites at Pine Grove (Parcel A) and Dunman Road were launched on 24 February 2022 and 14 March 2022 respectively.
Please see Annex A and B for details of the sites and tender bids received.
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.
14 March 2022
Launched for tender, Confirmed ListURA launches tender for residential site at Dunman Road and removes White site at Kampong Bugis from Reserve List
Read the press releaseHide the press releaseura-pr22-14
The Urban Redevelopment Authority (URA) has launched a residential site at Dunman Road for sale by public tender today under the Confirmed List of the first half 2022 (1H2022) Government Land Sales (GLS) Programme. This site can potentially yield about 1,040 residential units. Details of the land parcel can be found in Annex 1 and the location plan is in Annex 2.
URA will also be removing a White site at Kampong Bugis from the 1H2022 Reserve List with immediate effect, due to delays in the completion of soil remediation works at the site. The Government will review the development staging plans for the Kampong Bugis site.
Other Details The tender for the Dunman Road site will close at 12 noon on 2 June 2022. The tender closing for this site will be batched with the tender for the residential site at Pine Grove (Parcel A) which has been launched for sale in February 2022 under the Confirmed List of 1H2022 GLS Programme.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr22-14/pr22-14a.pdf]
- Site area
- 25,234.3 sqm[ura-pr22-14/pr22-14a.pdf]
- Maximum GFA
- 88,321 sqm[ura-pr22-14/pr22-14a.pdf]
- Estimated housing units
- 1,040[ura-pr22-14/pr22-14a.pdf]
- Height control
- 64m SHD[ura-pr22-14/pr22-14a.pdf]
- Facts as stated on
- 14 March 2022
The market when bids closed
When bids closed on 2 June 2022, URA's latest quarterly figures were for 1Q2022, published 22 April 2022, 41 days earlier. The next release, 2Q2022, came on 22 July 2022. The table carries on through four releases after it.
| Private residential | 3Q2021Oct 2021 | 4Q2021Jan 2022 | On the day1Q2022Apr 2022 | 2Q2022Jul 2022 | 3Q2022Oct 2022 | 4Q2022Jan 2023 | 1Q2023Apr 2023 | Trend | Change1Q2022 to 1Q2023 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 165.3 | 173.6 | 174.8 | 180.9 | 187.8 | 188.6 | 194.8 | +11.4% | |
| Non-landed, core central region | 135.1 | 138.7 | 138.6 | 141.2 | 144.4 | 145.4 | 146.6 | +5.8% | |
| Private rental index | 111.3 | 114.2 | 119.0 | 127.0 | 137.9 | 148.1 | 158.8 | +33.4% | |
| Sales | |||||||||
| New homes sold by developers | 3,550 | 3,018 | 1,825 | 2,397 | 2,187 | 690 | 1,256 | −31.2% | |
| Resales | 5,362 | 4,748 | 3,377 | 4,236 | 3,719 | 2,694 | 2,622 | −22.4% | |
| Sub-sales | 171 | 159 | 141 | 178 | 242 | 204 | 243 | +72.3% | |
| Units launched | 2,149 | 2,275 | 613 | 1,956 | 1,455 | 504 | 1,312 | +114.0% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 17,140 | 14,154 | 14,087 | 15,805 | 15,677 | 16,024 | 16,252 | +15.4% | |
| Pipeline with planning approval | 47,715 | 46,276 | 47,415 | 48,836 | 49,384 | 46,041 | 44,846 | −5.4% | |
| Vacancy rate | 6.4% | 6.0% | 5.3% | 5.4% | 5.7% | 5.5% | 6.0% | +0.7 pts | |
Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.
Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.
Sources
- Press releasePublished 14 March 2022
URA launches tender for residential site at Dunman Road and removes White site at Kampong Bugis from Reserve List
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-14
- AnnexPublished 14 March 2022
Annex 1 to URA launches tender for residential site at Dunman Road and removes White site at Kampong Bugis from Reserve List
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Format
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- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-14/pr22-14a.pdf
- AnnexPublished 14 March 2022
Annex 2 to URA launches tender for residential site at Dunman Road and removes White site at Kampong Bugis from Reserve List
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
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- Format
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- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-14/pr22-14b.pdf
- Press releasePublished 2 June 2022
Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 51957dd08fec5e0f055de50ecd4ba2ad978c1ec58c11c832ae08547b3d61d580
- Size
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- Format
- text/html
- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-24
- AnnexPublished 2 June 2022
Annex A to Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 830fb70f398b61d90858e6b3495312fab9fdd2dd3499b10bd5c247fe07176f76
- Size
- 6,750 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-24/pr22-24a.pdf
- AnnexPublished 2 June 2022
Annex B to Tender closing for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- bc3e03852ebe641c5055c0f66816933ef03088d9377fc09a5ae4f48772e5f434
- Size
- 5,841 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 12:12:38 UTC
- Prevo reference
- ura-pr22-24/pr22-24b.pdf
- Press releasePublished 14 June 2022
Award of tender for URA sale sites at Pine Grove (Parcel A) and Dunman Road
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
- 458,483 bytes
- Format
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- Retrieved at
- 2026-09-18 12:12:39 UTC
- Prevo reference
- ura-pr22-27