Dairy Farm Walk (29,444.2 sqm parcel)
AwardedResidential. URA sale site.
S$427,000,268
S$10,358.55 psm GFA, about S$962 psf ppr (derived). Awarded 28 January 2026 to ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd, parent: Macly Group and RP Ventures Pte Ltd, parent: Roxy-Pacific Holdings Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Dairy Farm Walk (29,444.2 sqm parcel) | Residential | 29,444.2 m² | 41,222 m² | 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$427,000,268(S$10,358.55) |
As listed at the close of 22 January 2026 (ura-pr26-04), with the outcome the award of 28 January 2026 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | 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$427,000,268 | S$10,358.55 | S$962 | Awarded |
| 2 | GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited and Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited | S$425,425,000 | S$10,320.34 | S$959 | Unsuccessful |
| 3 | SNC3 Realty Pte. Ltd., Apex Asia Beta Investment Three Pte. Ltd., Soon Li Heng Strategic Holdings Pte. Ltd. and Kay Lim Realty Pte. Ltd., parent: Kay Lim Holdings Pte. Ltd. | S$410,875,000 | S$9,967.37 | S$926 | Unsuccessful |
| 4 | Kingsford Huray Development Pte Ltd, parent: Kingsford Group | S$377,250,000 | S$9,151.67 | S$850 | Unsuccessful |
| 5 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$372,500,000 | S$9,036.44 | S$840 | 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.
28 January 2026
AwardedTender award for URA sale site at Dairy Farm Walk
Awarded to
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$427,000,268 (S$10,358.55 psm GFA, about S$962 psf ppr).
Read the press releaseHide the press releaseura-pr26-07
1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Dairy Farm Walk to the highest tenderer, ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd and RP Ventures Pte Ltd.
2 The site at Dairy Farm Walk was launched for tender on 26 November 2025. The tender for the site closed on 22 January 2026. The site was offered for sale on a 99-year lease term.
3 Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Dairy Farm Walk | Residential | 29,444.2 m² | 41,222 m² | ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd and RP Ventures Pte Ltd | $427,000,268.00 ($10,358.55) |
22 January 2026
Tender closedTender closing for URA sale site at Dairy Farm Walk
5 bids disclosed
Highest S$427,000,268 (S$10,358.55 psm GFA) from ABR Holdings Limited, LWH Holdings Pte. Ltd., Macly Capital Pte Ltd, parent: Macly Group and RP Ventures Pte Ltd, parent: Roxy-Pacific Holdings Limited.
Read the press releaseHide the press releaseura-pr26-04
1 The Urban Redevelopment Authority (URA) closed the tender for the site at Dairy Farm Walk today.
2 The site at Dairy Farm Walk was launched for public tender on 26 November 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.
26 November 2025
Launched for tender, Confirmed ListURA launches tender for three sale sites at Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive
Read the press releaseHide the press releaseura-pr25-61
1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive2 for sale today under the second half 2025 (2H2025) Government Land Sales (GLS) Programme.
2. The sites at Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive can potentially yield about 480, 525, and 625 residential units, respectively. 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.
3. Details on the three sites can be found in Annex A._
Other Details 4. The tender for the Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive sites will close at 12 noon on 22 January 2026, 5 February 2026, and 26 March 2026, respectively.
1The sites at Dairy Farm Walk and Tanjong Rhu Road are zoned Residential, while the site at Dover Drive is zoned Residential with Commercial at 1st Storey (See Annex A ).
2This site was previously referred to as Dover Road in the 2H2025 GLS Programme announced on 13 June 2025.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr25-61/pr25-61a2.pdf]
- Site area
- 29,444.2 sqmSubject to cadastral survey, as the annex states.[ura-pr25-61/pr25-61a2.pdf]
- Maximum GFA
- 41,222 sqm[ura-pr25-61/pr25-61a2.pdf]
- Estimated housing units
- 480[ura-pr25-61/pr25-61a2.pdf]
- Height control
- 4 and 6 storeys[ura-pr25-61/pr25-61a2.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
- 26 November 2025
The market when bids closed
When bids closed on 22 January 2026, URA's latest quarterly figures were for 3Q2025, published 24 October 2025, 90 days earlier. The 4Q2025 figures followed one day after the close. 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 26 November 2025
URA launches tender for three sale sites at Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 9c7e611af3ab6f25a9c3d52e002cb18b45af86a2bdf256cd819a1f82efec9c09
- Size
- 436,229 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 16:56:56 UTC
- Prevo reference
- ura-pr25-61
- AnnexPublished 26 November 2025
Annex A to URA launches tender for three sale sites at Dairy Farm Walk, Tanjong Rhu Road, and Dover Drive
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 5dcc2836587bd14da7e0ede69cc8447c9e2189a27cf1d04d61b219438c6c7bb2
- Size
- 102,117 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:56 UTC
- Prevo reference
- ura-pr25-61/pr25-61a2.pdf
- Press releasePublished 22 January 2026
Tender closing for URA sale site at Dairy Farm Walk
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 2cb80447a0fb756eb93820328c5f174f388a3568b036f6a8feaca86ec1ab0fef
- Size
- 424,607 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 03:18:05 UTC
- Prevo reference
- ura-pr26-04
- AnnexPublished 22 January 2026
Annex A to Tender closing for URA sale site at Dairy Farm Walk
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 4a9ad851fbd35b365eeb4cc78383260a58aa31c0520f8c40c508ff18b76162d6
- Size
- 94,528 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 03:18:05 UTC
- Prevo reference
- ura-pr26-04/pr26-04a.pdf
- Press releasePublished 28 January 2026
Tender award for URA sale site at Dairy Farm Walk
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 52e5adc0d4a6c090de56ab9819d5502f353ccd1a637272afcb57d4f4a0b9d04b
- Size
- 446,005 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 03:18:05 UTC
- Prevo reference
- ura-pr26-07