[ Land sales ]

Media Circle (Parcel B)

Tender closed, no bids received

Residential with commercial at 1st storey. URA sale site.

[ No bids received ]

The tender closed with no bid received.

Press releases, latest first

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

29 April 2025

Tender closed, no bids

Tender closing For URA sale site at Media Circle (Parcel B)

No bids received

The tender closed with no bid received.

Read the press releaseura-pr25-20

The Urban Redevelopment Authority (URA) closed the tender for the site at Media Circle (Parcel B) today. The public tender for the site was launched on 26 November 2024. There were no tender bids received for the site.

26 November 2024

Launched for tender, Confirmed List

URA releases three sale sites at Media Circle and Bayshore Road

Read the press releaseura-pr24-54

1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Media Circle (Parcel A & B) and Bayshore Road for sale under the second half of 2024 (2H2024) Government Land Sales (GLS) Programme.

2. The sites at Media Circle (Parcels A & B) and Bayshore Road are launched for sale under the Confirmed List and can potentially yield 325, 500 and 515 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.

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 three land parcels can be found in Annex 1._

Other Details 5. The tenders for the sites at Media Circle (Parcels A & B) and Bayshore Road will close at 12 noon on 4 March 2025, 29 April 2025 and 18 March 2025 respectively. More details on the three land parcels are available on the URA website.

Media Circle (Parcels A & B) and Bayshore Road

1 The sites at Media Circle are zoned Residential with Commercial at 1st Storey, while the site at Bayshore Road is zoned Residential (see Annex 1 ). _

Site facts

Selling authority
URA
Allowable development
Residential with commercial at 1st storey
Tenure
99 years
Programme list
Confirmed List, launched for tender[ura-pr24-54/pr24-54a.pdf]
Site area
10,027.6 sqm[ura-pr24-54/pr24-54a.pdf]
Maximum GFA
43,119 sqm[ura-pr24-54/pr24-54a.pdf]
Estimated housing units
500[ura-pr24-54/pr24-54a.pdf]
Height control
Podium maximum 20m SHD; overall 129-140m SHD[ura-pr24-54/pr24-54a.pdf]
Facts as stated on
26 November 2024

The market when bids closed

When bids closed on 29 April 2025, URA's latest quarterly figures were for 1Q2025, published 25 April 2025, 4 days earlier. The next release, 2Q2025, came on 25 July 2025. The table carries on through four releases after it.

Private residential3Q2024Oct 20244Q2024Jan 2025On the day1Q2025Apr 20252Q2025Jul 20253Q2025Oct 20254Q2025Jan 20261Q2026Apr 2026TrendChange1Q2025 to 1Q2026
Prices
Private home price index204.7209.4211.1213.2215.1216.4218.3+3.4%
Non-landed, core central region150.9154.8156.0160.7163.4157.7158.6+1.7%
Private rental index157.9157.9158.5159.8161.7160.9161.4+1.8%
Sales
New homes sold by developers1,1603,4203,3751,2123,2882,9402,013−40.4%
Resales3,8603,7023,5653,6473,8813,5293,225−9.5%
Sub-sales352311321269235230175−45.5%
Units launched1,2843,4253,1391,5204,1912,6321,844−41.3%
Supply
Unsold, uncompleted, with planning approval19,94019,40518,12518,49817,02914,85916,095−11.2%
Pipeline with planning approval35,47535,30535,36436,66336,81435,69038,133+7.8%
Vacancy rateheld6.6%6.5%heldheld6.0%6.2%−0.3 pts
SourceSelect a figure to see where URA printed it.
Latest release on the dayBids closedheldHeld back

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

  1. Press releasePublished 26 November 2024

    URA releases three sale sites at Media Circle and Bayshore Road

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    80aa95d387cecd561d855ef2ca12d0b76f6fe5db6b34507dca77ac7ea429409d
    Size
    434,718 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:39 UTC
    Prevo reference
    ura-pr24-54
  2. AnnexPublished 26 November 2024

    Annex 1 to URA releases three sale sites at Media Circle and Bayshore Road

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    d883057da28ea9d82b944cfef980809c222c5d986c5da53e5f76641050977bd2
    Size
    74,428 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:39 UTC
    Prevo reference
    ura-pr24-54/pr24-54a.pdf
  3. Press releasePublished 29 April 2025

    Tender closing For URA sale site at Media Circle (Parcel B)

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    1eef35576c29c4072de9b6bd75a5de50bf3ed499cab7a692107bc9b3b28d3055
    Size
    421,477 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 16:56:52 UTC
    Prevo reference
    ura-pr25-20