Lorong Puntong / Sin Ming Avenue
AwardedResidential. URA sale site.
S$208,099,000
S$17,350.26 psm GFA, about S$1,612 psf ppr (derived). Awarded 18 September 2026 to Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Lorong Puntong / Sin Ming Avenue | Residential | 4,283.4 m² | 11,994 m² | Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad | S$208,099,000(S$17,350.26) |
As listed at the close of 15 September 2026 (ura-pr26-65), with the outcome the award of 18 September 2026 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad | S$208,099,000 | S$17,350.26 | S$1,612 | Awarded |
| 2 | 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$187,330,000 | S$15,618.64 | S$1,451 | Unsuccessful |
| 3 | SMCL Oasis Pte. Ltd. | S$185,380,000 | S$15,456.06 | S$1,436 | Unsuccessful |
| 4 | EL Development Pte Ltd | S$182,100,000 | S$15,182.59 | S$1,411 | Unsuccessful |
| 5 | JBE Capital Pte. Ltd. | S$173,292,200 | S$14,448.24 | S$1,342 | Unsuccessful |
| 6 | SNC3 Realty Pte. Ltd., HS Invesco Pte. Ltd. and Kay Lim Realty Pte. Ltd., parent: Kay Lim Holdings Pte. Ltd. | S$168,888,000 | S$14,081.04 | S$1,308 | Unsuccessful |
| 7 | Peak Valley Private Limited | S$162,150,000 | S$13,519.26 | S$1,256 | 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.
18 September 2026
AwardedTender award for URA sale site at Lorong Puntong / Sin Ming Avenue
Awarded to
Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad, S$208,099,000 (S$17,350.26 psm GFA, about S$1,612 psf ppr).
Read the press releaseHide the press releaseura-pr26-66
-
The Urban Redevelopment Authority has awarded the tender for the site at Lorong Puntong / Sin Ming Avenue to the highest tenderer, Eco World Development (S) Pte. Ltd.
-
The site at Lorong Puntong / Sin Ming Avenue was launched for tender on 25 June 2026. The tender for the site closed on 15 September 2026. The site was offered for sale on a 99-year lease term.
-
Details of the awarded site and the successful tenderer are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Lorong Puntong / Sin Ming Avenue | Residential | 4,283.4 m² | 11,994 m² | Eco World Development (S) Pte. Ltd. | $208,099,000.00 ($17,350.26) |
15 September 2026
Tender closedTender closing for URA sale site at Lorong Puntong / Sin Ming Avenue
7 bids disclosed
Highest S$208,099,000 (S$17,350.26 psm GFA) from Eco World Development (S) Pte. Ltd., parent: Eco World Development Group Berhad
Read the press releaseHide the press releaseura-pr26-65
-
The Urban Redevelopment Authority closed the tender for the site at Lorong Puntong / Sin Ming Avenue today.
-
The site at Lorong Puntong / Sin Ming Avenue was launched for public tender on 25 June 2026.
-
Please see Annex A for details of the site and tender bids received.
-
This is not an announcement of tender award. A decision on the award of the tender will be made after the bid has been evaluated. This will be publicised at a later date.
25 June 2026
Launched for tender, Confirmed ListURA releases two sale sites at Lorong Puntong/Sin Ming Avenue and Kitchener Link
Read the press releaseHide the press releaseura-pr26-49
1 The Urban Redevelopment Authority (URA) has released two residential sites at Lorong Puntong/Sin Ming Avenue and Kitchener Link for sale today under the first half 2026 (1H2026) Government Land Sales (GLS) Programme.
2 The site at Lorong Puntong/Sin Ming Avenue (located near Bright Hill MRT station) can potentially yield about 140 residential units. The site at Kitchener Link (located near Farrer Park MRT station) is available for application under the Reserve List and can potentially yield 145 residential units. Details on the two sites can be found in Annex A.
**Other Details
3 The tender for the Lorong Puntong/Sin Ming Avenue site will close at 12 noon on 15 September 2026.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List (1H2026 programme), tender closed[ura-pr26-65/pr26-65a.pdf]
- Site area
- 4,283.4 sqm[ura-pr26-65/pr26-65a.pdf]
- Maximum GFA
- 11,994 sqm[ura-pr26-65/pr26-65a.pdf]
- Estimated housing units
- 140[ura-pr26-65/pr26-65a.pdf]
- Height control
- 120m SHD[ura-pr26-65/pr26-65a.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
- 15 September 20262 versions on record: 25 June 2026, 15 September 2026. Each is kept; the one in force on the reading date is shown.
The market when bids closed
When bids closed on 15 September 2026, URA's latest quarterly figures were for 2Q2026, published 24 July 2026, 53 days earlier.
No release since the close is in the archive yet. Figures will appear here as releases are added.
| Private residential | 4Q2025Jan 2026 | 1Q2026Apr 2026 | On the day2Q2026Jul 2026 | Trend |
|---|---|---|---|---|
| Prices | ||||
| Private home price index | 216.4 | 218.3 | 219.4 | |
| Non-landed, core central region | 157.7 | 158.6 | 161.5 | |
| Private rental index | 160.9 | 161.4 | 162.5 | |
| Sales | ||||
| New homes sold by developers | 2,940 | 2,013 | 2,141 | |
| Resales | 3,529 | 3,225 | 3,813 | |
| Sub-sales | 230 | 175 | 194 | |
| Units launched | 2,632 | 1,844 | 1,783 | |
| Supply | ||||
| Unsold, uncompleted, with planning approval | 14,859 | 16,095 | 14,929 | |
| Pipeline with planning approval | 35,690 | 38,133 | 38,556 | |
| Vacancy rate | 6.0% | 6.2% | 6.4% | |
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 25 June 2026
URA releases two sale sites at Lorong Puntong/Sin Ming Avenue and Kitchener Link
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 39482b26f83dcffee4418a45d7f098553c8899586cd6281c8286b241c583b992
- Size
- 426,531 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 03:18:08 UTC
- Prevo reference
- ura-pr26-49
- AnnexPublished 25 June 2026
Annex A to URA releases two sale sites at Lorong Puntong/Sin Ming Avenue and Kitchener Link
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 8c2874ebaa1b591d8638b977dd10e0bbb62a9562508209c1dc3dcdd60017808e
- Size
- 87,538 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 03:18:08 UTC
- Prevo reference
- ura-pr26-49/pr26-49a.pdf
- Press releasePublished 15 September 2026
Tender closing for URA sale site at Lorong Puntong / Sin Ming Avenue
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 165061738db4b66c45083baec6604a57fb3c14ddc991270f22aa896cf7cec1c4
- Size
- 427,208 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 03:18:10 UTC
- Prevo reference
- ura-pr26-65
- AnnexPublished 15 September 2026
Annex A to Tender closing for URA sale site at Lorong Puntong / Sin Ming Avenue
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 70263bb7725b207e68cae07bbab7e714b2af7929f03a669041dbee09490a723e
- Size
- 90,688 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 03:18:10 UTC
- Prevo reference
- ura-pr26-65/pr26-65a.pdf
- Press releasePublished 18 September 2026
Tender award for URA sale site at Lorong Puntong / Sin Ming Avenue
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 94f4388006f57c5b6a771dd4f87f749697a7c34af03d27fbb25aac58820a19d2
- Size
- 448,260 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 03:18:11 UTC
- Prevo reference
- ura-pr26-66