Jalan Tembusu (20,572.1 sqm parcel)
AwardedResidential. URA sale site, built as Emerald of Katong.
S$828,800,000
S$11,510.63 psm GFA, about S$1,069 psf ppr (derived). Awarded 10 August 2023 to Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Jalan Tembusu (20,572.1 sqm parcel) | Residential | 20,572.1 m² | 72,003 m² | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$828,800,000(S$11,510.63) |
As listed at the close of 18 July 2023 (ura-pr23-27), with the outcome the award of 10 August 2023 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$828,800,000 | S$11,510.63 | S$1,069 | Awarded |
| 2 | CDL Constellation Pte. Ltd., parent: City Developments Limited and Frasers Property Citrine Pte. Ltd. | S$828,000,000 | S$11,499.52 | S$1,068 | 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.
10 August 2023
AwardedAward of tender for URA sale site at Jalan Tembusu
Awarded to
Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited, S$828,800,000 (S$11,510.63 psm GFA, about S$1,069 psf ppr).
Read the press releaseHide the press releaseura-pr23-30
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Jalan Tembusu to the highest tenderer, Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd.
The site at Jalan Tembusu was launched for tender on 14 March 2023. The tender for the site closed on 18 July 2023. The site was offered for sale on a 99-year lease term.
Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Jalan Tembusu | Residential | 20,572.1 m2 | 72,003 m2 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $828,800,000 ($11,510.63) |
18 July 2023
Tender closedTender closing for URA sale site at Jalan Tembusu
2 bids disclosed
Highest S$828,800,000 (S$11,510.63 psm GFA) from Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.
Read the press releaseHide the press releaseura-pr23-27
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 site at Jalan Tembusu today.
The site at Jalan Tembusu was launched for public tender on 14 March 2023.
Please see Annex A for details of the site 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 2023
Launched for tenderURA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Read the press releaseHide the press releaseura-pr23-04
- These form part of the increased supply of housing under the Government Land Sales Programme for 1H2023 to cater to demand
- The two Confirmed List sites will yield a total of 1,540 residential units, with more launching in the coming months
The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two sites at Jalan Tembusu and Tampines Street 62 (Parcel B) for sale today under the first half 2023 (1H2023) Government Land Sales (GLS) Programme.
The URA site at Jalan Tembusu and HDB Executive Condominium site at Tampines Street 62 (Parcel B) are launched for sale under the Confirmed List. Together, these two sites can yield about 1,540 residential units. These form part of the 4,090 residential units1 to be made available via the Confirmed List of the 1H2023 GLS programme, which represents a 17% increase from the 3,505 units made available in 2H2022.
To encourage the adoption of innovative construction technologies and productive construction methods, the modified concept and price revenue tender approach2 will be used for the tender of the Executive Condominium site at Tampines Street 62 (Parcel B).
Details of the land parcels can be found in Annex 1 and the location plans is in Annex 2.
Other details The tender for the two land parcels at Jalan Tembusu and Tampines Street 62 (Parcel B) will close at 12 noon on 18 July 2023 at URA and HDB respectively.
1 The total supply of 4,090 residential units will bring the total pipeline supply of private housing (including ECs) to about 61,000 units, comprising 51,700 units with planning approval and 9,300 units from GLS sites and awarded en-bloc sites that have not been granted planning approval yet.
2 Tenderers have the option to submit an alternative bid on top of a base Prefabricated Prefinished Volumetric Construction (PPVC) bid. The alternative bid may be of a non-PPVC technology or a hybrid of technologies which could yield the specified productivity improvement. PPVC bids will automatically qualify for the tender evaluation, while any alternative bid will need to be accompanied by a write-up to demonstrate the feasibility of proposal.
25 November 2022
Released on the Reserve ListURA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja Close
Read the press releaseHide the press releaseura-pr22-43
The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released three residential sites at Clementi Avenue 1, Jalan Tembusu and Senja Close for sale today under the 2nd half 2022 (2H2022) Government Land Sales (GLS) Programme.
The URA sites at Clementi Avenue 1 and Jalan Tembusu, and HDB Executive Condominium site at Senja Close are available for application under the Reserve List. Together, these three sites can yield about 1,625 residential units.
Details on the land parcels can be found in Annex 1 and the location plans in Annex 2.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List (1H2023 programme), launched for tender[ura-pr23-04/pr23-04a.pdf]
- Site area
- 20,572.1 sqm[ura-pr23-04/pr23-04a.pdf]
- Maximum GFA
- 72,003 sqm[ura-pr23-04/pr23-04a.pdf]
- Estimated housing units
- 840[ura-pr23-04/pr23-04a.pdf]
- Height control
- 70-75m SHD[ura-pr23-04/pr23-04a.pdf]
- Facts as stated on
- 14 March 20232 versions on record: 25 November 2022, 14 March 2023. Each is kept; the one in force on the reading date is shown.
The market when bids closed
When bids closed on 18 July 2023, URA's latest quarterly figures were for 1Q2023, published 28 April 2023, 81 days earlier. The 2Q2023 figures followed ten days after the close. The table carries on through four releases after it.
| Private residential | 3Q2022Oct 2022 | 4Q2022Jan 2023 | On the day1Q2023Apr 2023 | 2Q2023Jul 2023 | 3Q2023Oct 2023 | 4Q2023Jan 2024 | 1Q2024Apr 2024 | Trend | Change1Q2023 to 1Q2024 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 187.8 | 188.6 | 194.8 | 194.4 | 196.0 | 201.5 | 204.3 | +4.9% | |
| Non-landed, core central region | 144.4 | 145.4 | 146.6 | 146.5 | 142.5 | 148.1 | 153.1 | +4.4% | |
| Private rental index | 137.9 | 148.1 | 158.8 | 163.2 | 164.5 | 161.0 | 157.9 | −0.6% | |
| Sales | |||||||||
| New homes sold by developers | 2,187 | 690 | 1,256 | 2,127 | 1,946 | 1,092 | 1,164 | −7.3% | |
| Resales | 3,719 | 2,694 | 2,622 | 2,976 | 2,900 | 2,831 | 2,689 | +2.6% | |
| Sub-sales | 242 | 204 | 243 | 285 | 355 | 411 | 377 | +55.1% | |
| Units launched | 1,455 | 504 | 1,312 | 2,374 | 2,805 | 1,060 | 1,304 | −0.6% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 15,677 | 16,024 | 16,252 | 17,484 | 16,747 | 16,929 | 19,936 | +22.7% | |
| Pipeline with planning approval | 49,384 | 46,041 | 44,846 | 44,157 | 36,949 | 34,251 | 38,167 | −14.9% | |
| Vacancy rate | 5.7% | 5.5% | 6.0% | 6.3% | 8.4% | 8.1% | 6.8% | +0.8 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 25 November 2022
URA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja Close
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- Retrieved at
- 2026-09-18 12:12:40 UTC
- Prevo reference
- ura-pr22-43
- AnnexPublished 25 November 2022
HDB Annex 1, site details to URA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja Close
Urban Redevelopment Authority and Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
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- Retrieved at
- 2026-09-19 08:38:49 UTC
- Prevo reference
- ura-pr22-43/25112022-URA-and-HDB-Release-Sale-Sites-Annex-1.pdf
- AnnexPublished 25 November 2022
HDB Annex 2, location plans to URA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja Close
Urban Redevelopment Authority and Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
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- Prevo reference
- ura-pr22-43/25112022-URA-and-HDB-Release-Sale-Sites-Annex-2.pdf
- AnnexPublished 25 November 2022
Annex 1 to URA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja CloseAmended version
Amended Annex 1 as linked from the release page; the authoritative version. The original Annex 1 was not supplied and is not in the capture, so supersedes_doc_key is null.
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- 2026-09-18 12:12:40 UTC
- Source version
- amended
- Prevo reference
- ura-pr22-43/pr22-43a_amended.pdf
- AnnexPublished 25 November 2022
Annex 2 to URA and HDB release sale sites at Clementi Avenue 1, Jalan Tembusu and Senja Close
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- 2026-09-18 12:12:40 UTC
- Prevo reference
- ura-pr22-43/pr22-43b.pdf
- Press releasePublished 14 March 2023
URA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- Prevo reference
- ura-pr23-04
- AnnexPublished 14 March 2023
HDB Annex 1, site details to URA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
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- 2026-09-19 09:24:09 UTC
- Prevo reference
- ura-pr23-04/14032023-Annex-1.pdf
- AnnexPublished 14 March 2023
HDB Annex 2, location plans to URA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
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- AnnexPublished 14 March 2023
Annex 1 to URA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- ura-pr23-04/pr23-04a.pdf
- AnnexPublished 14 March 2023
Annex 2 to URA and HDB release sale sites at Jalan Tembusu and Tampines Street 62 (Parcel B)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- ura-pr23-04/pr23-04b.pdf
- Press releasePublished 18 July 2023
Tender closing for URA sale site at Jalan Tembusu
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- ura-pr23-27
- AnnexPublished 18 July 2023
Annex A to Tender closing for URA sale site at Jalan Tembusu
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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- Prevo reference
- ura-pr23-27/pr23-27a.pdf
- Press releasePublished 10 August 2023
Award of tender for URA sale site at Jalan Tembusu
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
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