[ Land sales ]

New Upper Changi Road / Bedok South Avenue 3

Awarded

Residential. URA sale site, built as GRANDEUR PARK RESIDENCES.

[ Award ]

S$419,380,000

S$8,186.54 psm GFA, about S$761 psf ppr (derived). Awarded 26 February 2016 to CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
New Upper Changi Road / Bedok South Avenue 3Residential24,394 m²51,228 m²CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation LtdS$419,380,000(S$8,186.54)
[ The one tender received ]

As listed at the close of 23 February 2016 (ura-list-2016-new-upper-changi-road-bedok-south-avenue-3-close), with the outcome the award of 26 February 2016 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation LtdS$419,380,000S$8,186.54S$761Awarded

Press releases, latest first

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

26 February 2016

Awarded

New Upper Changi Road / Bedok South Avenue 3: awarded to CEL Residential 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

CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd, S$419,380,000 (S$8,186.54 psm GFA, about S$761 psf ppr).

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

23 February 2016

Tender closed

New Upper Changi Road / Bedok South Avenue 3: tender closed with 8 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$419,380,000 (S$8,186.54 psm GFA) from CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd

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

20 January 2016

Launched for tender

New Upper Changi Road / Bedok South Avenue 3: 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 8 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
24,394 sqm[ura-list-vacant-sites-sold]
Maximum GFA
51,228 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Bedok
Facts as stated on
20 January 2016

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