Parry Avenue
AwardedPrivate assisted living and Health and Medical Care. URA/MOH sale site, built as Parry Assisted Living Care.
S$71,988,000
S$3,982.30 psm GFA, about S$370 psf ppr (derived). Awarded 20 June 2023 to Pre 20 Pte. Ltd., parent: Perennial Group Private Limited
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Parry Avenue | Private assisted living and Health and Medical Care | 12,912.1 m² | 18,077 m² | Pre 20 Pte. Ltd., parent: Perennial Group Private Limited | S$71,988,000(S$3,982.30) |
As listed at the close of 21 March 2023 (ura-pr23-05), with the outcome the award of 20 June 2023 gave each.
| Rank | Tender ref | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Concept | Outcome |
|---|---|---|---|---|---|---|---|
| 1 | 33 | Pre 20 Pte. Ltd., parent: Perennial Group Private Limited | S$71,988,000 | S$3,982.30 | S$370 | Shortlisted | Awarded |
| 2 | 17 | Pre 20 Pte. Ltd., parent: Perennial Group Private Limited | S$71,938,000 | S$3,979.53 | S$370 | Shortlisted | Unsuccessful |
| 3 | 27 | United Medicare Development Pte Ltd | S$65,188,000 | S$3,606.13 | S$335 | Shortlisted | Unsuccessful |
| 4 | 8 | Evia Real Estate (I) Pte Ltd, Allium Healthcare Holdings Pte Ltd, Yuan Ching Development Pte Ltd and YK Realty Pte Ltd | S$48,888,999.99 | S$2,704.49 | S$251 | Shortlisted | 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.
20 June 2023
Awarded, concept and priceAward of tender for site at Parry Avenue for private assisted living development
Awarded to
Pre 20 Pte. Ltd., parent: Perennial Group Private Limited, S$71,988,000 (S$3,982.30 psm GFA, about S$370 psf ppr).
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On 20 June 2023, the Ministry of Health (MOH) and Urban Redevelopment Authority (URA) awarded the tender for the Parry Avenue site intended for a private assisted living development to Pre 20 Pte. Ltd.
Land Parcel at Parry Avenue The private assisted living development at the Parry Avenue site will help expand the range of housing-cum-care options to better cater to seniors’ diverse lifestyles, preferences and changing housing needs (see details of the site in Annex A ).
Located within Rosyth Estate and in close proximity to amenities such as Serangoon North Neighbourhood Centre and Heartland Mall, the assisted living development will also be adjacent to a new neighbourhood park (to be developed by the awarded tenderer), offering a conducive environment for seniors to live independently within a mature residential neighbourhood.
Concept and Price Revenue Tender A Concept and Price (C&P) Revenue Tender approach was adopted to ensure better alignment with the vision for the private assisted living development. Under this approach, tenderers submitted their concept proposals and tender prices separately. The concept proposals were first evaluated against a set of criteria specified in the tender, which included suitability and innovativeness of the proposed model of care, as well as quality of the proposed programmes and services. Shortlisted concept proposals then proceeded to the second stage of evaluation, which was based on price only. The site was then awarded to the tenderer with the highest bid price among the shortlisted concept proposals.
Details of the Tender & Evaluation of Concept Proposals The C&P Revenue Tender for the site at Parry Avenue was launched on 29 September 2022 and closed on 21 March 2023. A total of four Concept Proposals from three tenderers1 were received.
All tenderers presented their proposals to a Concept Evaluation Committee (CEC). The CEC concluded that all four Concept Proposals submitted by the following tenderers had satisfied the evaluation criteria specified in the tender and recommended that they progress to the second stage of tender evaluation:
a) Evia Real Estate (I) Pte Ltd, Allium Healthcare Holdings Pte Ltd, Yuan Ching Development Pte Ltd and YK Realty Pte Ltd (Tender Ref. 8)
b) Pre 20 Pte. Ltd. (Tender Ref. 33)
c) Pre 20 Pte. Ltd. (Tender Ref. 17)
d) United Medicare Development Pte Ltd (Tender Ref. 27)
Tendered Land Price The price envelopes of the four tender submissions were opened and the details of the price bids are shown in Annex B. In accordance with the C&P Revenue Tender approach, the site was awarded to Pre 20 Pte. Ltd. (Tender Ref. 33) which submitted the highest bid of $71,988,000.
Concept Proposal of Awarded Tenderer The Concept Proposal submitted by Pre 20 Pte. Ltd. demonstrates a comprehensive care model that provides residents of the proposed development with a continuum of care to enable them to age in place. The Concept Proposal includes a wide range of services/ programmes that can be tailored to the residents’ needs, interest, and preferences. These care and social services enable residents to live, socialise, and receive the support they require to continue living in the same community as they age and as their care needs change. The Concept Proposal also features an integrated health and social care hub that creates opportunities for meaningful interaction and social bonding. In addition, it offers a variety of communal areas that are well designed with green sanctuaries, sky terraces and activity-generating uses integrated with the future park to encourage social bonding and interaction amongst residents and with the wider community. Together, these features empower residents of the proposed development to live independently while staying connected with the wider community.
Overall, the Concept Proposal by Pre 20 Pte. Ltd. is comprehensive and well-conceived in terms of its care model, programmes and services, as well as design features.
MINISTRY OF HEALTHURBAN REDEVELOPMENT AUTHORITY 1 One of the tenderers submitted two Concept Proposals.
21 March 2023
Tender closed, concept and priceTender closing for private assisted living development site at Parry Avenue
4 bids disclosed
Highest S$71,988,000 (S$3,982.30 psm GFA) from Pre 20 Pte. Ltd., parent: Perennial Group Private Limited
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The Ministry of Health (MOH) and the Urban Redevelopment Authority closed the tender for the site at Parry Avenue for a private assisted living development today.
A total of 4 tender submissions have been received. Please see Annex A for the particulars of the tenderers.
Concept and Price Revenue Tender The site was launched for sale via a Concept and Price Revenue tender on 29 September 2022. As private assisted living is a new housing-cum-care model that MOH and URA are co-creating with industry players, we expect to receive a range of proposals for innovative assisted living models. This tender approach was adopted to ensure that the selected concept proposal is aligned with our vision for a private assisted living development.
Under this approach, tenderers are required to submit their concept proposals and tender prices separately. The concept proposals will first be evaluated by a Concept Evaluation Committee (CEC), chaired by MOH, based on criteria such as suitability and innovativeness of the proposed model of care, as well as quality of the proposed care programmes and services.
Only concept proposals that are shortlisted will proceed to the second stage of evaluation, which will be based only on price. The site will then be awarded to the shortlisted tenderer with the highest bid price.
This is not an announcement of tender award. A decision on the award of the tender will be announced at a later date after the tenders have been evaluated.
**MINISTRY OF HEALTH
URBAN REDEVELOPMENT AUTHORITY
29 September 2022
Launched for Concept and Price tenderTender launch of site at Parry Avenue for private assisted living development
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In collaboration with the Ministry of Health (MOH), the Urban Redevelopment Authority (URA) has launched a site at Parry Avenue for sale by public tender for a private assisted living development. The pilot development will expand the range of housing-cum-care options to better cater to seniors’ diverse lifestyles, preferences, and housing needs.
Pilot private assisted living development The Government has introduced public assisted living developments (i.e. Community Care Apartments) to better support seniors to live independently within the community. These HDB developments integrate senior-friendly housing with care services which can be scaled according to seniors’ changing care needs. The aim is to offer seniors a living environment that enables independence and creates deliberate opportunities for social bonding. The first public assisted living flats were launched in Bukit Batok in Feb 2021.
The Government is now releasing this site at Parry Avenue for a private assisted living development. Interested tenderers are invited to submit proposals of innovative assisted living models that can provide a range of services (e.g. active ageing activities, housekeeping, regular care assessments) that support seniors’ changing needs.
Site attributes The land parcel is located within Rosyth Estate. The site offers a conducive environment for seniors to live independently within an established residential neighbourhood. The development will include a neighbourhood park and is located near dining and shopping amenities, such as Serangoon North Neighbourhood Centre and Heartland Mall.
Details of the land parcel can be found in
. Information on the vision and key service elements for the development can be found in
, and the location plan is in
.
Details of tender A Concept & Price Revenue tender will be adopted to evaluate the tender submissions, to ensure that the selected concept proposal is aligned with the vision for the private assisted living development.
Under this system, tenderers are required to submit their concept proposals and tender prices separately. The concept proposals will first be evaluated against a set of criteria specified in the tender, which includes suitability and innovativeness of the proposed model of care, as well as quality of the proposed care programmes and services. Only concept proposals that are shortlisted will proceed to the second stage of evaluation, which will be based on price only. The site will then be awarded to the tenderer with the highest bid price among the shortlisted concept proposals.
The tender will close at 12 noon on 21 March 2023.
More details of the site are available on the URA website at
.
Site facts
- Selling authority
- URA/MOH
- Allowable development
- Private assisted living and Health and Medical Care
- Tenure
- 60 yearsNot the 99-year term of an ordinary residential GLS parcel.
- Tender method
- Concept and Price Revenue tender: concept proposals are shortlisted first, then price decides among them.
- Programme list
- Confirmed List, launched for concept and price tender[ura-pr22-36/pr22-36a.pdf]
- Site area
- 12,912.1 sqm[ura-pr22-36/pr22-36a.pdf]
- Maximum GFA
- 18,077 sqmMinimum GFA 16,270 sqm[ura-pr22-36/pr22-36a.pdf]
- Height control
- Maximum 5 storeys[ura-pr22-36/pr22-36a.pdf]
- Tender conditions
- Lease term: 60 years
- Minimum share of maximum permissible GFA for assisted-living use, including units and communal spaces: 60% (10,846 sqm, calculated)
- Minimum share of maximum permissible GFA for Health and Medical Care use: 20% (3,615 sqm, calculated)
- Mandatory minimum nursing-home beds: 100 beds
- Housing form: Flats, or flats plus landed houses
- Minimum average self-contained unit size, nett, excluding balconies and air-conditioner ledges: 32 sqm
- Minimum resident stay: 3 months
- Maximum building height: 5 storeys
- Land and strata subdivision: Prohibited
- Intended residents: 65 years of age. Persons aged 65 and above, subject to the stated care-eligibility framework
- Resident lease option must be able to cover the resident until at least this age: 95 years of age
- Universal design: BCA Barrier-Free Accessibility Code; corridors at least 1.8 m; minimised level differences and ramps; weather-protected access to units
- Minimum corridor width: 1.8 m
- Operator obligation: Operator must sign an MOH Service Level Deed
- Tender method: Two-stage Concept and Price Revenue tender; only shortlisted concepts proceed to price evaluation
- Facts as stated on
- 29 September 2022
Concept and price tender
4 concept proposals from 3 tenderer groups, as the close annex listed them.
- S/N 1Evia Real Estate (I) Pte Ltd, Allium Healthcare Holdings Pte Ltd, Yuan Ching Development Pte Ltd and YK Realty Pte Ltd
- S/N 2Pre 20 Pte. Ltd., parent: Perennial Group Private Limited (proposal 1 of this group)
- S/N 3Pre 20 Pte. Ltd., parent: Perennial Group Private Limited (proposal 2 of this group)
- S/N 4United Medicare Development Pte Ltd
Design commitments of the successful concept
- A continuum-of-care model
- Care and social services tailored to residents
- An integrated health and social-care hub
- Green sanctuaries
- Sky terraces
- Communal areas
- Integration with the future park
As proposed and accepted at award. Not a record of what was built.
Sources
- Press releasePublished 29 September 2022
Tender launch of site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- ae64da433bedf918a2880d038f210cc6a0071b9e7fc37e62f0d09551d3e0d7a5
- Size
- 452,899 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 12:12:39 UTC
- Prevo reference
- ura-pr22-36
- AnnexPublished 29 September 2022
Annex A to Tender launch of site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 4a5913aeef5ec141f3d44e8f1622194a49c21543e6b7d483c4ddad8f1e9fdc31
- Size
- 68,045 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 12:12:39 UTC
- Prevo reference
- ura-pr22-36/pr22-36a.pdf
- AnnexPublished 29 September 2022
Annex B to Tender launch of site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 484858eaad335cb1bf7435cc2a99f5ed7e86a74600515af0721fce927bb0b112
- Size
- 72,350 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 12:12:39 UTC
- Prevo reference
- ura-pr22-36/pr22-36b.pdf
- AnnexPublished 29 September 2022
Annex C to Tender launch of site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 85f2a107de654b59c4bdc0f799883c4e647f4b2d58cc376aa672b91df049d6d5
- Size
- 162,003 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 12:12:39 UTC
- Prevo reference
- ura-pr22-36/pr22-36c.pdf
- Press releasePublished 21 March 2023
Tender closing for private assisted living development site at Parry Avenue
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- f2fa033d3637c5d08fc9591a27740263a7a6c8e931b06c108b9a0a4f4f2e1ed7
- Size
- 433,864 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 14:52:10 UTC
- Prevo reference
- ura-pr23-05
- AnnexPublished 21 March 2023
Annex A to Tender closing for private assisted living development site at Parry Avenue
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 292af2c7bf5b4ee0b03265ccdd409c02fd0194a5761bdc2e9e75846abc3458d1
- Size
- 6,264 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 14:52:10 UTC
- Prevo reference
- ura-pr23-05/pr23-05a.pdf
- Press releasePublished 20 June 2023
Award of tender for site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 8e60a5d07c05744463ff1627184ea8a12f21618e5c44f2871d6f6fd35d9febff
- Size
- 450,731 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 14:52:11 UTC
- Prevo reference
- ura-pr23-17
- AnnexPublished 20 June 2023
Annex A to Award of tender for site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 16214fcd9ebab7867927790909a14bba0c3a7c55d8767a1fc228115520285402
- Size
- 76,607 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 14:52:11 UTC
- Prevo reference
- ura-pr23-17/pr23-17a.pdf
- AnnexPublished 20 June 2023
Annex B to Award of tender for site at Parry Avenue for private assisted living development
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 0d9b8e571a94cc69fda6e484f77e7fd7df387c5b5637ddcb71159e9fd5bc152b
- Size
- 15,873 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 14:52:11 UTC
- Prevo reference
- ura-pr23-17/pr23-17b.pdf