New Upper Changi Road / Bedok Road
AwardedResidential. URA sale site, built as THE GLADES.
S$434,550,000
S$8,518.75 psm GFA, about S$791 psf ppr (derived). Awarded 22 October 2012 to Sherwood Development Pte Ltd, parent: Keppel Land Limited (wholly owned subsidiary of Keppel Ltd.).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| New Upper Changi Road / Bedok Road | Residential | 31,881.6 m² | 51,011 m² | Sherwood Development Pte Ltd, parent: Keppel Land Limited (wholly owned subsidiary of Keppel Ltd.) | S$434,550,000(S$8,518.75) |
As listed at the close of 16 October 2012 (ura-list-2012-new-upper-changi-road-bedok-road-close), with the outcome the award of 22 October 2012 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sherwood Development Pte Ltd, parent: Keppel Land Limited (wholly owned subsidiary of Keppel Ltd.) | S$434,550,000 | S$8,518.75 | S$791 | Awarded |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
22 October 2012
AwardedNew Upper Changi Road / Bedok Road: awarded to Sherwood Development 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
Sherwood Development Pte Ltd, parent: Keppel Land Limited (wholly owned subsidiary of Keppel Ltd.), S$434,550,000 (S$8,518.75 psm GFA, about S$791 psf ppr).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
16 October 2012
Tender closedNew Upper Changi Road / Bedok Road: tender closed with 11 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$434,550,000 (S$8,518.75 psm GFA) from Sherwood Development Pte Ltd, parent: Keppel Land Limited (wholly owned subsidiary of Keppel Ltd.).
Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)
23 August 2012
Launched for tenderNew Upper Changi Road / Bedok Road: 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 11 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
- Site area
- 31,881.6 sqm[ura-list-vacant-sites-sold]
- Maximum GFA
- 51,011 sqm[ura-list-vacant-sites-sold]
- Tender conditions
- Development type (list code): Residential (Non-Landed)
- Planning area: Bedok
- Facts as stated on
- 23 August 2012
Sources
- Agency listPublication date not recorded
URA Vacant Sites (online version)
Urban Redevelopment Authority · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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