Chuan Grove (14,514.3 sqm parcel)
AwardedResidential. URA sale site.
S$623,910,000
S$14,328.59 psm GFA, about S$1,331 psf ppr (derived). Awarded 10 September 2025 to Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Chuan Grove (14,514.3 sqm parcel) | Residential | 14,514.3 m² | 43,543 m² | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$623,910,000(S$14,328.59) |
As listed at the close of 4 September 2025 (ura-pr25-45), with the outcome the award of 10 September 2025 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$623,910,000 | S$14,328.59 | S$1,331 | Awarded |
| 2 | COLI (Singapore) Pte. Ltd. | S$606,060,000 | S$13,918.66 | S$1,293 | Unsuccessful |
| 3 | 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$588,000,000 | S$13,503.89 | S$1,255 | Unsuccessful |
| 4 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$581,000,000 | S$13,343.13 | S$1,240 | Unsuccessful |
| 5 | Japura Development Pte Ltd | S$469,166,000 | S$10,774.77 | S$1,001 | 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.
10 September 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$623,910,000 (S$14,328.59 psm GFA, about S$1,331 psf ppr).
Read the press releaseHide the press releaseura-pr25-46
1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Chuan Grove to the highest tenderer, Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd.
2. The site at Chuan Grove was launched for tender on 13 May 2025. The tender for the site closed on 4 September 2025. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Chuan Grove | Residential | 14,514.3 m2 | 43,543 m2 | Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd. | $623,910,000.00 ($14,328.59) |
4 September 2025
Tender closedTender closing for URA sale site at Chuan Grove
5 bids disclosed
Highest S$623,910,000 (S$14,328.59 psm GFA) from Sing Holdings Residential Pte. Ltd. and Sunway Developments Pte. Ltd., parent: Sunway Berhad
Read the press releaseHide the press releaseura-pr25-45
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 Chuan Grove today.
2. The site at Chuan Grove was launched for public tender on 13 May 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.
13 May 2025
Launched for tender, Confirmed ListURA launches tender for sale site at Chuan Grove
Read the press releaseHide the press releaseura-pr25-23
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 a residential site at Chuan Grove for sale today under the first half 2025 (1H2025) Government Land Sales (GLS) Programme.
2 The site at Chuan Grove can potentially yield about 505 residential units. These form part of the 5,030 residential units to be released via the Confirmed List of the 1H2025 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 land parcel can be found in Annex A.
Other Details 5 The tender for the Chuan Grove site will close at 12 noon on 4 September 2025.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr25-23/pr25-23a.pdf]
- Site area
- 14,514.3 sqmSubject to cadastral survey, as the annex states.[ura-pr25-23/pr25-23a.pdf]
- Maximum GFA
- 43,543 sqm[ura-pr25-23/pr25-23a.pdf]
- Estimated housing units
- 505[ura-pr25-23/pr25-23a.pdf]
- Height control
- 100-110m SHD[ura-pr25-23/pr25-23a.pdf]
- Tender conditions
- Housing yield: The number of units is an estimate; the annex says the actual number may vary. Not a cap.
- Facts as stated on
- 13 May 2025
The market when bids closed
When bids closed on 4 September 2025, URA's latest quarterly figures were for 2Q2025, published 25 July 2025, 41 days earlier. The next release, 3Q2025, came on 24 October 2025. The table carries on through four releases after it.
| Private residential | 4Q2024Jan 2025 | 1Q2025Apr 2025 | On the day2Q2025Jul 2025 | 3Q2025Oct 2025 | 4Q2025Jan 2026 | 1Q2026Apr 2026 | 2Q2026Jul 2026 | Trend | Change2Q2025 to 2Q2026 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 209.4 | 211.1 | 213.2 | 215.1 | 216.4 | 218.3 | 219.4 | +2.9% | |
| Non-landed, core central region | 154.8 | 156.0 | 160.7 | 163.4 | 157.7 | 158.6 | 161.5 | +0.5% | |
| Private rental index | 157.9 | 158.5 | 159.8 | 161.7 | 160.9 | 161.4 | 162.5 | +1.7% | |
| Sales | |||||||||
| New homes sold by developers | 3,420 | 3,375 | 1,212 | 3,288 | 2,940 | 2,013 | 2,141 | +76.7% | |
| Resales | 3,702 | 3,565 | 3,647 | 3,881 | 3,529 | 3,225 | 3,813 | +4.6% | |
| Sub-sales | 311 | 321 | 269 | 235 | 230 | 175 | 194 | −27.9% | |
| Units launched | 3,425 | 3,139 | 1,520 | 4,191 | 2,632 | 1,844 | 1,783 | +17.3% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 19,405 | 18,125 | 18,498 | 17,029 | 14,859 | 16,095 | 14,929 | −19.3% | |
| Pipeline with planning approval | 35,305 | 35,364 | 36,663 | 36,814 | 35,690 | 38,133 | 38,556 | +5.2% | |
| Vacancy rate | 6.6% | 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 13 May 2025
URA launches tender for sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 2cd09ccfc7505d8528a1d565b5580a8b6b376190e9baaee7f1b44edeae542d6b
- Size
- 433,582 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:52 UTC
- Prevo reference
- ura-pr25-23
- AnnexPublished 13 May 2025
Annex A to URA launches tender for sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 34bd85ff11ed93a1167e9090b30e2560097c620daaca270e420e3cb638d6219d
- Size
- 93,163 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:52 UTC
- Prevo reference
- ura-pr25-23/pr25-23a.pdf
- Press releasePublished 4 September 2025
Tender closing for URA sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 13a0b365c8dcd4f8486261477cc0ebb58bbf3d185a96f8d837faea44aa17722f
- Size
- 427,761 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:54 UTC
- Prevo reference
- ura-pr25-45
- AnnexPublished 4 September 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
- f98e6d66b9ddde562bb4df573a57a4e1ebf57986f30e41f16a60867ebf3c9fe9
- Size
- 92,394 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:54 UTC
- Prevo reference
- ura-pr25-45/pr25-45a.pdf
- Press releasePublished 10 September 2025
Tender award for URA sale site at Chuan Grove
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a2cc3f8ee25928426ee3a23c047c98864707761d9dac9f0a0ee76f9d0eb68da7
- Size
- 446,728 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:54 UTC
- Prevo reference
- ura-pr25-46