[ Land sales ]

New Upper Changi Road / Tanah Merah Kechil Avenue

Awarded

Residential. URA sale site, built as OPTIMA @ TANAH MERAH.

[ Award ]

S$84,000,000

S$3,037.75 psm GFA, about S$282 psf ppr (derived). Awarded 10 September 2008 to TID Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
New Upper Changi Road / Tanah Merah Kechil AvenueResidential9,875.5 m²27,652 m²TID Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$84,000,000(S$3,037.75)
[ The one tender received ]

As listed at the close of 9 September 2008 (ura-list-2008-new-upper-changi-road-tanah-merah-kechil-avenue-close), with the outcome the award of 10 September 2008 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1TID Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$84,000,000S$3,037.75S$282Awarded

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 2008

Awarded

New Upper Changi Road / Tanah Merah Kechil Avenue: awarded to TID Pte. Ltd., as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Awarded to

TID Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture), S$84,000,000 (S$3,037.75 psm GFA, about S$282 psf ppr).

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

9 September 2008

Tender closed

New Upper Changi Road / Tanah Merah Kechil Avenue: tender closed with 7 bids, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

1 bid disclosed

Highest S$84,000,000 (S$3,037.75 psm GFA) from TID Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

15 July 2008

Launched for tender

New Upper Changi Road / Tanah Merah Kechil Avenue: launched for tender, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

Site facts

Selling authority
URA
Allowable development
Residential
Tenure
99 years
Programme list
None stated; sold by tender, as ura's list records itA URA sale tender its source places on neither the Confirmed nor the Reserve List of the Government Land Sales programme. No list is inferred.The list counts 7 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
9,875.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA
27,652 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Bedok
Facts as stated on
15 July 2008

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold