[ Land sales ]

Dunearn Road (19,041.6 sqm parcel)

Awarded

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

[ Award ]

S$532,999,999

S$17,490.32 psm GFA, about S$1,625 psf ppr (derived). Awarded 4 May 2026 to Winrich Investment Pte. Ltd., parent: Wing Tai Holdings Limited and Metrobilt Construction Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Dunearn Road (19,041.6 sqm parcel)Residential with commercial at 1st storey19,045.9 m²30,474 m²Winrich Investment Pte. Ltd., parent: Wing Tai Holdings Limited and Metrobilt Construction Pte LtdS$532,999,999(S$17,490.32)
[ All 6 tenderers ]

As listed at the close of 28 April 2026 (ura-pr26-32), with the outcome the award of 4 May 2026 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Winrich Investment Pte. Ltd., parent: Wing Tai Holdings Limited and Metrobilt Construction Pte LtdS$532,999,999S$17,490.32S$1,625Awarded
2Frasers Property Phoenix Pte. Ltd., parent: Frasers Property Limited, CSC Land Group (Singapore) Pte. Ltd. and Sekisui House, Ltd.S$517,000,001S$16,965.28S$1,576Unsuccessful
3COLI (Singapore) Pte. Ltd.S$501,900,000S$16,469.78S$1,530Unsuccessful
4CDL Chiron Pte. Ltd. and CDL Chiron Investments Pte. Ltd.S$501,358,000S$16,451.99S$1,528Unsuccessful
5United Venture Development (Rose) Pte. Ltd.S$500,648,800S$16,428.72S$1,526Unsuccessful
6Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand LimitedS$485,472,770S$15,930.72S$1,480Unsuccessful

Press releases, latest first

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

4 May 2026

Awarded

Tender award for URA sale site at Dunearn Road

Awarded to

Winrich Investment Pte. Ltd., parent: Wing Tai Holdings Limited and Metrobilt Construction Pte Ltd, S$532,999,999 (S$17,490.32 psm GFA, about S$1,625 psf ppr).

Read the press releaseura-pr26-33

1 The Urban Redevelopment Authority has awarded the tender for the site at Dunearn Road to the highest tenderer, Winrich Investment Pte. Ltd. and Metrobilt Construction Pte Ltd.

2 The site at Dunearn Road was launched for tender on 8 December 2025. The tender for the site closed on 28 April 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

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE($PSM of GFA)
Dunearn RoadResidential with Commercial at 1st Storey19,045.9 m²30,474 m²Winrich Investment Pte. Ltd. and Metrobilt Construction Pte Ltd$532,999,999.00 ($17,490.32)

28 April 2026

Tender closed

Tender closing for URA sale site at Dunearn Road

6 bids disclosed

Highest S$532,999,999 (S$17,490.32 psm GFA) from Winrich Investment Pte. Ltd., parent: Wing Tai Holdings Limited and Metrobilt Construction Pte Ltd.

Read the press releaseura-pr26-32

1 The Urban Redevelopment Authority closed the tender for the site at Dunearn Road today.

2 The site at Dunearn Road was launched for public tender on 8 December 2025.

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.

8 December 2025

Launched for tender, Confirmed List

URA launches tender for four sale sites at Lentor Central, Kallang Close, Dunearn Road and Telok Ayer Street

Read the press releaseura-pr25-67

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 three residential1 sites at Lentor Central, Kallang Close2 and Dunearn Road as well as a hotel site at Telok Ayer Street for sale today under the second half 2025 (2H2025) Government Land Sales (GLS) Programme.

2 The sites at Lentor Central, Kallang Close and Dunearn Road can potentially yield about 560, 470 and 330 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. The hotel site at Telok Ayer Street is available for application under the Reserve List and can potentially yield 440 hotel rooms and 135 Long-stay Serviced Apartments3.

3 Details on the four sites can be found in Annex A.

Other Details 4 The tender for the Lentor Central, Kallang Close and Dunearn Road sites will close at 12 noon on 3 March 2026, 7 April 2026, and 28 April 2026, respectively.

1The sites at Lentor Central and Kallang Close are zoned Residential, while the site at Dunearn Road is zoned Residential with Commercial at 1st Storey (See Annex A).
2This site was previously referred to as Kallang Avenue in the 2H2025 GLS Programme announced on 13 June 2025.
3The Telok Ayer Street site is available for application for sale as a hotel site (with a component for Long-stay Serviced Apartments (i.e. SA2) use). 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 with commercial at 1st storey
Tenure
99 years
Programme list
Confirmed List (2H2025 programme), tender closed[ura-pr26-32/pr26-32a.pdf]
Site area
19,045.9 sqm[ura-pr26-32/pr26-32a.pdf]
Maximum GFA
30,474 sqm
  • Minimum 600 sqm childcare centre
  • Maximum 1,400 sqm commercial
  • Minimum 1,000 sqm supermarket
[ura-pr26-32/pr26-32a.pdf]
Estimated housing units
330[ura-pr26-32/pr26-32a.pdf]
Height control
10 storeys; low-rise zone 5 storeys[ura-pr26-32/pr26-32a.pdf]
Tender conditions
  • Height, low-rise zone: 5 storeys
  • Supermarket: The 1,000 sqm supermarket minimum counts within the 1,400 sqm commercial-use maximum
  • Housing yield: The number of units is an estimate; the annex says the actual number may vary. Not a cap.
Facts as stated on
28 April 20262 versions on record: 8 December 2025, 28 April 2026. Each is kept; the one in force on the reading date is shown.

The market when bids closed

When bids closed on 28 April 2026, URA's latest quarterly figures were for 1Q2026, published 24 April 2026, 4 days earlier. The next release, 2Q2026, came on 24 July 2026. The table carries on through one release after it.

Private residential3Q2025Oct 20254Q2025Jan 2026On the day1Q2026Apr 20262Q2026Jul 2026TrendChange1Q2026 to 2Q2026
Prices
Private home price index215.1216.4218.3219.4+0.5%
Non-landed, core central region163.4157.7158.6161.5+1.8%
Private rental index161.7160.9161.4162.5+0.7%
Sales
New homes sold by developers3,2882,9402,0132,141+6.4%
Resales3,8813,5293,2253,813+18.2%
Sub-sales235230175194+10.9%
Units launched4,1912,6321,8441,783−3.3%
Supply
Unsold, uncompleted, with planning approval17,02914,85916,09514,929−7.2%
Pipeline with planning approval36,81435,69038,13338,556+1.1%
Vacancy rateheld6.0%6.2%6.4%+0.2 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 8 December 2025

    URA launches tender for four sale sites at Lentor Central, Kallang Close, Dunearn Road and Telok Ayer Street

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    711a5546ffa75f5dffe310ecc445743d5cf60f6090b6673233e477e1a9157f8a
    Size
    440,097 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 16:56:56 UTC
    Prevo reference
    ura-pr25-67
  2. AnnexPublished 8 December 2025

    Annex A to URA launches tender for four sale sites at Lentor Central, Kallang Close, Dunearn Road and Telok Ayer Street

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    70a4776ae4e038d30197df4f04e30246bd5cf379493027b068f7702c6a7b1a5b
    Size
    108,755 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 16:56:56 UTC
    Prevo reference
    ura-pr25-67/pr25-67a.pdf
  3. Press releasePublished 28 April 2026

    Tender closing for URA sale site at Dunearn Road

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    7ce0f1fc59c800fee60209bf7143eea98e2c0694e8be0acfc3f7f31bef23761c
    Size
    424,611 bytes
    Format
    text/html
    Retrieved at
    2026-09-19 03:18:07 UTC
    Prevo reference
    ura-pr26-32
  4. AnnexPublished 28 April 2026

    Annex A to Tender closing for URA sale site at Dunearn Road

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    32b68a58ce200b8ea9105825a487f887d187ea7a3a83bc20067d725f99403633
    Size
    102,460 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 03:18:07 UTC
    Prevo reference
    ura-pr26-32/pr26-32a.pdf
  5. Press releasePublished 4 May 2026

    Tender award for URA sale site at Dunearn Road

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    9002b693e1c0b9d69b01a07de87c7793b26bd567fa327b60def2ed323a24f633
    Size
    447,152 bytes
    Format
    text/html
    Retrieved at
    2026-09-19 03:18:07 UTC
    Prevo reference
    ura-pr26-33