Bedok Rise
AwardedResidential. URA sale site.
S$464,800,000
S$14,314.75 psm GFA, about S$1,330 psf ppr (derived). Awarded 2 December 2025 to Bellis Residential Pte. Ltd., parent: Allgreen Properties Limited
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Bedok Rise | Residential | 20,293.6 m² | 32,470 m² | Bellis Residential Pte. Ltd., parent: Allgreen Properties Limited | S$464,800,000(S$14,314.75) |
As listed at the close of 27 November 2025 (ura-pr25-63), with the outcome the award of 2 December 2025 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Bellis Residential Pte. Ltd., parent: Allgreen Properties Limited | S$464,800,000 | S$14,314.75 | S$1,330 | Awarded |
| 2 | Hoi Hup Realty Pte Ltd | S$462,800,000 | S$14,253.16 | S$1,324 | Unsuccessful |
| 3 | ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd, parent: Macly Group and RP Ventures Pte Ltd, parent: Roxy-Pacific Holdings Limited | S$451,288,889 | S$13,898.64 | S$1,291 | Unsuccessful |
| 4 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, Garden Estates (Pte.) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$443,873,890 | S$13,670.28 | S$1,270 | Unsuccessful |
| 5 | Winnex Investment Pte. Ltd. | S$441,999,999 | S$13,612.57 | S$1,265 | Unsuccessful |
| 6 | Ekai Development Pte. Ltd., Optimum Development Pte. Ltd. and Guan Xing Pte. Ltd. | S$439,900,000 | S$13,547.89 | S$1,259 | Unsuccessful |
| 7 | CL Emerald Pte. Ltd., MJR Investment Pte. Ltd. and Tokyo Tatemono Asia Pte. Ltd. | S$414,960,000 | S$12,779.80 | S$1,187 | Unsuccessful |
| 8 | Frasers Property Phoenix Pte. Ltd., parent: Frasers Property Limited and Sekisui House, Ltd. | S$402,106,000 | S$12,383.92 | S$1,151 | Unsuccessful |
| 9 | COLI (Singapore) Pte. Ltd. | S$395,000,000 | S$12,165.08 | S$1,130 | Unsuccessful |
| 10 | United Venture Development (Rosemary) Pte. Ltd. | S$391,938,938 | S$12,070.80 | S$1,121 | 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.
2 December 2025
AwardedTender award for URA sale site at Bedok Rise
Awarded to
Bellis Residential Pte. Ltd., parent: Allgreen Properties Limited, S$464,800,000 (S$14,314.75 psm GFA, about S$1,330 psf ppr).
Read the press releaseHide the press releaseura-pr25-66
1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Bedok Rise to the highest tenderer, Bellis Residential Pte. Ltd.
2 The site at Bedok Rise was launched for tender on 18 September 2025. The tender for the site closed on 27 November 2025. The site was offered for sale on a 99-year lease term.
3 Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Bedok Rise | Residential | 20,293.6 m² | 32,470 m² | Bellis Residential Pte. Ltd. | $464,800,000.00 ($14,314.75) |
27 November 2025
Tender closedTender closing for URA sale site at Bedok Rise
10 bids disclosed
Highest S$464,800,000 (S$14,314.75 psm GFA) from Bellis Residential Pte. Ltd., parent: Allgreen Properties Limited
Read the press releaseHide the press releaseura-pr25-63
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
1. The Urban Redevelopment Authority (URA) closed the tender for the site at Bedok Rise today.
2. The site at Bedok Rise was launched for public tender on 18 September 2025.
3. Please see Annex A for 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.
18 September 2025
Launched for tender, Confirmed ListURA launches tender for two sale sites at Bedok Rise and Cross Street
Read the press releaseHide the press releaseura-pr25-48
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
1 The Urban Redevelopment Authority (URA) has released two residential1 sites at Bedok Rise and Cross Street for sale today under the second half 2025 (2H2025) Government Land Sales (GLS) Programme.
2 The site at Bedok Rise can potentially yield about 380 residential units. These form part of the 4,725 residential units to be released via the Confirmed List of the 2H2025 GLS programme to cater to housing demand and maintain market stability. The site at Cross Street is available for application under the Reserve List and can potentially yield 315 long-stay Serviced Apartments2. Details on the two sites can be found in Annex A.
Other Details 3 The tender for the Bedok Rise site will close at 12 noon on 27 November 2025.
1 The site at Bedok Rise is zoned Residential, while the site at Cross Street is zoned Residential with Commercial at 1st Storey (see Annex A).
2 The Cross Street site will be made available for application for sale as a dedicated long-stay Serviced Apartment site, under the Serviced Apartments II (SA2) typology. More information on planning guidelines for SA2 developments is available via the circular issued by URA dated 4 December 2023 – “Guidelines for Serviced Apartments II (SA2)”.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr25-48/pr25-48a.pdf]
- Site area
- 20,293.6 sqmSubject to cadastral survey, as the annex states.[ura-pr25-48/pr25-48a.pdf]
- Maximum GFA
- 32,470 sqm[ura-pr25-48/pr25-48a.pdf]
- Estimated housing units
- 380[ura-pr25-48/pr25-48a.pdf]
- Height control
- Overall maximum 12 storeys; low-rise zone maximum 5 storeys[ura-pr25-48/pr25-48a.pdf]
- Tender conditions
- Height, overall: 12 storeys
- Height, low-rise zone: 5 storeys
- Housing yield: The number of units is an estimate; the annex says the actual number may vary. Not a cap.
- Facts as stated on
- 18 September 2025
The market when bids closed
When bids closed on 27 November 2025, URA's latest quarterly figures were for 3Q2025, published 24 October 2025, 34 days earlier. The next release, 4Q2025, came on 23 January 2026. The table carries on through three releases after it.
| Private residential | 1Q2025Apr 2025 | 2Q2025Jul 2025 | On the day3Q2025Oct 2025 | 4Q2025Jan 2026 | 1Q2026Apr 2026 | 2Q2026Jul 2026 | Trend | Change3Q2025 to 2Q2026 |
|---|---|---|---|---|---|---|---|---|
| Prices | ||||||||
| Private home price index | 211.1 | 213.2 | 215.1 | 216.4 | 218.3 | 219.4 | +2.0% | |
| Non-landed, core central region | 156.0 | 160.7 | 163.4 | 157.7 | 158.6 | 161.5 | −1.2% | |
| Private rental index | 158.5 | 159.8 | 161.7 | 160.9 | 161.4 | 162.5 | +0.5% | |
| Sales | ||||||||
| New homes sold by developers | 3,375 | 1,212 | 3,288 | 2,940 | 2,013 | 2,141 | −34.9% | |
| Resales | 3,565 | 3,647 | 3,881 | 3,529 | 3,225 | 3,813 | −1.8% | |
| Sub-sales | 321 | 269 | 235 | 230 | 175 | 194 | −17.4% | |
| Units launched | 3,139 | 1,520 | 4,191 | 2,632 | 1,844 | 1,783 | −57.5% | |
| Supply | ||||||||
| Unsold, uncompleted, with planning approval | 18,125 | 18,498 | 17,029 | 14,859 | 16,095 | 14,929 | −12.3% | |
| Pipeline with planning approval | 35,364 | 36,663 | 36,814 | 35,690 | 38,133 | 38,556 | +4.7% | |
| Vacancy rate | 6.5% | held | held | 6.0% | 6.2% | 6.4% | n/a | |
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 18 September 2025
URA launches tender for two sale sites at Bedok Rise and Cross Street
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- e895c4a0339cac92c78872f235cb0c483573de6f6c01e311d57da54aa6809de5
- Size
- 438,867 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:54 UTC
- Prevo reference
- ura-pr25-48
- AnnexPublished 18 September 2025
Annex A to URA launches tender for two sale sites at Bedok Rise and Cross Street
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a0b9d1855e53d9d4ac88d9d39ba1340cfad7115024bf27b5bd5a6eb489ccb195
- Size
- 100,539 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:54 UTC
- Prevo reference
- ura-pr25-48/pr25-48a.pdf
- Press releasePublished 27 November 2025
Tender closing for URA sale site at Bedok Rise
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- b78b075b7547abd903a826771473998f77557a2f15b8131785207309784e945b
- Size
- 426,729 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:56 UTC
- Prevo reference
- ura-pr25-63
- AnnexPublished 27 November 2025
Annex A to Tender closing for URA sale site at Bedok Rise
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- e5d3475e2a61b6d7e2db9514ca4e396e7f4bcaf441a92b975fb74907f38d36e6
- Size
- 100,486 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:56 UTC
- Prevo reference
- ura-pr25-63/pr25-63a.pdf
- Press releasePublished 2 December 2025
Tender award for URA sale site at Bedok Rise
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a66841455ceded163105d08023f98044d4be0ded8f512244f782d4081f8a6fb6
- Size
- 447,911 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:56 UTC
- Prevo reference
- ura-pr25-66