[ Land sales ]

Marina Gardens Crescent

Tender not awarded

Plot 1 White site; Plot 2 Open Space; Plots 3 and 4 subterranean link plots. URA sale site.

[ Not awarded ]

The tender received one bid, which was assessed to be too low, and was not awarded. The site was made available for application on the 1H2024 Reserve List. Decided 8 February 2024 on the close of 18 January 2024.

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

8 February 2024

Not awarded, returned to the Reserve List

Tender decisions for URA sale sites at Media Circle and Marina Gardens Crescent

Not awarded

The tender received one bid, which was assessed to be too low, and was not awarded. The site was made available for application on the 1H2024 Reserve List. The close of 18 January 2024 received 1 bid.

Read the press releaseura-pr24-05

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 Government Land Sales sites at Media Circle and Marina Gardens Crescent on 18 January 2024.

The tender for the site at Media Circle has been awarded to the highest tenderer, CNQC Realty (Clementi) Pte. Ltd. and Forsea Residence Pte. Ltd.

The tender for the site at Marina Gardens Crescent has not been awarded, as the sole bid submitted by GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. is assessed to be too low (see details of the tenders for the sites inAnnex 1 ). The site will now be made available on the Reserve List of the first half 2024 Government Land Sales Programme, to allow interested tenderers to submit applications for the sale of the site with a minimum price that is acceptable to the government.

Details on the Marina Gardens Crescent site can be found in Annex 2 and more information is available on the URA website at

18 January 2024

Tender closed

Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

1 bid disclosed

Highest S$770,456,256 (S$10,591.77 psm GFA) from GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, 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)

Read the press releaseura-pr24-02

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 Marina Gardens Crescent and Media Circle today.

The public tender for the two sites at Marina Gardens Crescent and Media Circle was launched on 30 June 2023.

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.

30 June 2023

Launched for tender, Confirmed List

URA launches tender for White site at Marina Gardens Crescent and Residential with Commercial at 1st Storey site at Media Circle

Read the press releaseura-pr23-21

The sites at Marina Gardens Crescent and Media Circle are part of the increased housing supply under the 1H2023 Government Land Sales Programme to cater to demand.

The Urban Redevelopment Authority (URA) has released a White site at Marina Gardens Crescent and a Residential with Commercial at 1st Storey site at Media Circle for sale today under the 1st half 2023 (1H2023) Government Land Sales (GLS) Programme.

The sites at Marina Gardens Crescent and Media Circle are launched for sale under the Confirmed List and can potentially yield about 775 and 355 residential units respectively. The total of 1,130 residential units from the two sites form part of the 4,090 residential units to be made available via the Confirmed List of the 1H2023 GLS programme. To cater to demand, the Government has further ramped up the Confirmed List supply of private housing in the GLS programme, by 26% in 2H2023 compared to the preceding half year1. With the 2H2023 supply, the Confirmed List supply of around 9,250 units for the whole of 2023 will be at its highest level in a decade.

Details on the two land parcels can be found in Annex 1.

Other Details The tender for the Marina Gardens Crescent site and Media Circle site will close at 12 noon on 18 January 2024.
More information on the two land parcels are available on the URA website at:

1 The Confirmed List supply of 5,160 residential units in the 2H2023 GLS programme will bring the total pipeline supply of private housing (including ECs) to about 63,500 units, comprising 50,200 units with planning approval and 13,300 units from GLS sites and awarded en-bloc sites that have not been granted planning approval yet.

Site facts

Selling authority
URA
Allowable development
Plot 1 White site; Plot 2 Open Space; Plots 3 and 4 subterranean link plots
Tenure
99 years
Programme list
Reserve List, available for applicationTender closed on 18 January 2024 with one bid, which was assessed to be too low; the tender was not awarded and the site was made available on the 1H2024 Reserve List.[ura-pr24-05/pr24-05b_v2.pdf]
Site area
22,858.9 sqm
  • Plot 1, White site: 17,319.2 sqm
  • Plot 2, Open Space: 5,410.5 sqm
  • Plot 3, subterranean cross-section: 82.7 sqm
  • Plot 4, subterranean cross-section: 46.5 sqm
[ura-pr24-05/pr24-05b_v2.pdf]
Maximum GFA
72,741 sqm[ura-pr24-05/pr24-05b_v2.pdf]
Estimated housing units
775[ura-pr24-05/pr24-05b_v2.pdf]
Height control
High-rise 164m SHD; mid-rise 73.5-130m SHD; low-rise 4 storeys; podium 24m SHD[ura-pr24-05/pr24-05b_v2.pdf]
Facts as stated on
8 February 20242 versions on record: 30 June 2023, 8 February 2024. Each is kept; the one in force on the reading date is shown.

Bids at the close of 18 January 2024

1 priced bid as listed in ura-pr24-02. S$ psm of GFA is the published rate; psf ppr is derived from it.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, 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$770,456,256S$10,591.77S$984Not awarded

Sources

  1. Press releasePublished 30 June 2023

    URA launches tender for White site at Marina Gardens Crescent and Residential with Commercial at 1st Storey site at Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    cee1544831a41f037381c854afcd70ee0f629e00f2a35bec9c630473711c5c57
    Size
    433,589 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 14:52:11 UTC
    Prevo reference
    ura-pr23-21
  2. AnnexPublished 30 June 2023

    Annex 1 to URA launches tender for White site at Marina Gardens Crescent and Residential with Commercial at 1st Storey site at Media CircleVersion v3

    Version v3 of the annex as linked from the release page; the authoritative version. Earlier versions were not supplied and are not in the capture, so supersedes_doc_key is null.

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    25b85aafe7ff41cef8a59cb1d10f49b021cd125ef60eb7ba5baf98706f44b482
    Size
    38,861 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 14:52:11 UTC
    Source version
    v3
    Prevo reference
    ura-pr23-21/URA pr23-21a_v3.pdf
  3. Press releasePublished 18 January 2024

    Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    991fd3a80edcd3b4745111b6168a0b3541102bae2d9b363310a3f8d1e2199023
    Size
    428,158 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02
  4. AnnexPublished 18 January 2024

    Annex A to Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    f9b45de65c181c67987bc87bd7e7a5eddb903fb0bbd35e412da3ba2f4e8afe02
    Size
    16,147 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02/pr24-02a.pdf
  5. AnnexPublished 18 January 2024

    Annex B to Tender closing for URA sale sites at Marina Gardens Crescent and Media Circle

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    fd2c79df3d6829eaa596070476cc40aa191e0f8b41aa6751a979d9f5d0f96246
    Size
    17,727 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:34 UTC
    Prevo reference
    ura-pr24-02/pr24-02b.pdf
  6. Press releasePublished 8 February 2024

    Tender decisions for URA sale sites at Media Circle and Marina Gardens Crescent

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    d1a8348adffe18d8765aa830f7285415d45defdaa04cab686411850913a4871c
    Size
    431,881 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:35 UTC
    Prevo reference
    ura-pr24-05
  7. AnnexPublished 8 February 2024

    Annex 1 to Tender decisions for URA sale sites at Media Circle and Marina Gardens Crescent

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    b53774610ca2ee5091a7e8c7ca24f29ad1a4c8b42e7e893ed5762a810fcba8b4
    Size
    14,771 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:35 UTC
    Prevo reference
    ura-pr24-05/pr24-05a.pdf
  8. AnnexPublished 8 February 2024

    Annex 2 to Tender decisions for URA sale sites at Media Circle and Marina Gardens CrescentVersion v2

    Version v2 of the annex as linked from the release page; the authoritative version. Earlier versions were not supplied and are not in the capture, so supersedes_doc_key is null.

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    37e0ffbe7681aaf85efa5bd647c5cb6db56b54254ede1b5437a6b69ae54c4d02
    Size
    16,721 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:35 UTC
    Source version
    v2
    Prevo reference
    ura-pr24-05/pr24-05b_v2.pdf