Chuan Grove
AwardedResidential. URA sale site.
S$703,600,000
S$14,814.19 psm GFA, about S$1,376 psf ppr (derived). Awarded 17 July 2025 to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Chuan Grove | Residential | 15,831.5 m² | 47,495 m² | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$703,600,000(S$14,814.19) |
As listed at the close of 8 July 2025 (ura-pr25-37), with the outcome the award of 17 July 2025 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$703,600,000 | S$14,814.19 | S$1,376 | Awarded |
| 2 | CDL Divine Pte. Ltd., parent: City Developments Limited | S$655,500,000 | S$13,801.45 | S$1,282 | Unsuccessful |
| 3 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$655,000,000 | S$13,790.93 | S$1,281 | Unsuccessful |
| 4 | Kingsford Huray Development Pte Ltd, parent: Kingsford Group | S$639,570,000 | S$13,466.05 | S$1,251 | Unsuccessful |
| 5 | Coli (Singapore) Pte. Ltd. | S$615,000,000 | S$12,948.73 | S$1,203 | Unsuccessful |
| 6 | 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$598,504,178 | S$12,601.41 | S$1,171 | Unsuccessful |
| 7 | Japura Development Pte Ltd | S$512,000,000 | S$10,780.08 | S$1,002 | 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.
17 July 2025
AwardedTender award for URA sale site at Chuan Grove
Awarded to
Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad, S$703,600,000 (S$14,814.19 psm GFA, about S$1,376 psf ppr).
Read the press releaseHide the press releaseura-pr25-39
1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Chuan Grove to the highest tenderer, Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd.
2 The site at Chuan Grove was launched for tender on 3 December 2024. The tender for the site closed on 8 July 2025. The site was offered for sale on a 99-year lease term.
3 Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Chuan Grove | Residential | 15,831.5 m2 | 47,495 m² | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. | $703,600,000.00 ($14,814.19) |
8 July 2025
Tender closedTender closing for URA sale site at Chuan Grove
7 bids disclosed
Highest S$703,600,000 (S$14,814.19 psm GFA) from Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad
Read the press releaseHide the press releaseura-pr25-37
1 The Urban Redevelopment Authority (URA) closed the tender for the site at Chuan Grove today.
2 The site at Chuan Grove was launched for public tender on 3 December 2024.
3 Please see Annex Afor details of the site and tender bids received.
4 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.
3 December 2024
Launched for tender, Confirmed ListURA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)
Read the press releaseHide the press releaseura-pr24-57
1. The Urban Redevelopment Authority (URA) has released four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C) for sale today under the second half 2024 (2H2024) Government Land Sales (GLS) Programme.
2. The sites at Holland Link and Chuan Grove are launched for sale under the Confirmed List and can potentially yield 230 and 555 residential units respectively. These form part of the 5,050 residential units to be released via the Confirmed List of the 2H2024 GLS programme to cater to housing demand and maintain market stability. The sites at Holland Plain and River Valley Green (Parcel C) are available for application under the Reserve List and can potentially yield 280 and 470 residential units respectively.
3. The Government will continue to release a steady supply of private residential units in coming GLS programmes, with supply calibrated to account for prevailing economic and property market conditions.
4. Details on the four land parcels can be found in Annex 1.
Other Details 5. The tenders for the Chuan Grove and Holland Link sites will close at 12 noon on 8 July 2025 and 29 July 2025 respectively.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr24-57/pr24-57a.pdf]
- Site area
- 15,831.5 sqm[ura-pr24-57/pr24-57a.pdf]
- Maximum GFA
- 47,495 sqm
- Minimum 500 sqm childcare centre
- Estimated housing units
- 555[ura-pr24-57/pr24-57a.pdf]
- Height control
- 90-100m SHD[ura-pr24-57/pr24-57a.pdf]
- Facts as stated on
- 3 December 2024
The market when bids closed
When bids closed on 8 July 2025, URA's latest quarterly figures were for 1Q2025, published 25 April 2025, 74 days earlier. The next release, 2Q2025, came on 25 July 2025. The table carries on through four releases after it.
| Private residential | 3Q2024Oct 2024 | 4Q2024Jan 2025 | On the day1Q2025Apr 2025 | 2Q2025Jul 2025 | 3Q2025Oct 2025 | 4Q2025Jan 2026 | 1Q2026Apr 2026 | Trend | Change1Q2025 to 1Q2026 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 204.7 | 209.4 | 211.1 | 213.2 | 215.1 | 216.4 | 218.3 | +3.4% | |
| Non-landed, core central region | 150.9 | 154.8 | 156.0 | 160.7 | 163.4 | 157.7 | 158.6 | +1.7% | |
| Private rental index | 157.9 | 157.9 | 158.5 | 159.8 | 161.7 | 160.9 | 161.4 | +1.8% | |
| Sales | |||||||||
| New homes sold by developers | 1,160 | 3,420 | 3,375 | 1,212 | 3,288 | 2,940 | 2,013 | −40.4% | |
| Resales | 3,860 | 3,702 | 3,565 | 3,647 | 3,881 | 3,529 | 3,225 | −9.5% | |
| Sub-sales | 352 | 311 | 321 | 269 | 235 | 230 | 175 | −45.5% | |
| Units launched | 1,284 | 3,425 | 3,139 | 1,520 | 4,191 | 2,632 | 1,844 | −41.3% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 19,940 | 19,405 | 18,125 | 18,498 | 17,029 | 14,859 | 16,095 | −11.2% | |
| Pipeline with planning approval | 35,475 | 35,305 | 35,364 | 36,663 | 36,814 | 35,690 | 38,133 | +7.8% | |
| Vacancy rate | held | 6.6% | 6.5% | held | held | 6.0% | 6.2% | −0.3 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 3 December 2024
URA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 546e39fae6660c1b50564168590b02ea2fc28db20c381e9a197afe9c8396ce4b
- Size
- 435,992 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 15:39:39 UTC
- Prevo reference
- ura-pr24-57
- AnnexPublished 3 December 2024
Annex 1 to URA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- ec38e68375b273331b1da2c585d05ac2eca56b0605bba1f338872040af4c15ec
- Size
- 75,350 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 15:39:39 UTC
- Prevo reference
- ura-pr24-57/pr24-57a.pdf
- Press releasePublished 8 July 2025
Tender closing for URA sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 2a089cd3d752f13840f38e0458a8aa24793a6d146580a95fe7ac6fa30e770c6e
- Size
- 425,524 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:53 UTC
- Prevo reference
- ura-pr25-37
- AnnexPublished 8 July 2025
Annex A to Tender closing for URA sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a79c52eb77970dbed8a9ad429c45f71019677ddafd01d6463182c538c4801b99
- Size
- 104,221 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:53 UTC
- Prevo reference
- ura-pr25-37/pr25-37a.pdf
- Press releasePublished 17 July 2025
Tender award for URA sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 62e56c1569eef9792f7e393b8c7f5331d31347a9c6f7bbe00b00320e6284bc7b
- Size
- 446,536 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:53 UTC
- Prevo reference
- ura-pr25-39