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Tender award for URA sale site at Orchard Boulevard

  Published: 21 February 2024

The Urban Redevelopment Authority (URA) has awarded the tender for the site at Orchard Boulevard to the highest tenderer, United Venture Development (No. 7) Pte. Ltd. 

The site at Orchard Boulevard was launched for tender on 17 October 2023. The tender for the site closed on 1 February 2024. The site was offered for sale on a 99-year lease term.

Details of the awarded sites and the successful tenderer is provided below:

 LOCATION ALLOWABLE
DEVELOPMENT 		 SITE AREA MAXIMUM
PERMISSIBLE
GROSS FLOOR
AREA (GFA) 		 SUCCESSFUL
TENDERER		  TENDERED PRICE
($PSM of GFA)
 Orchard Boulevard Residential with Commercial at 1st Storey
 7,031.4 m2  24,610 m2 United Venture Development (No.7) Pte. Ltd.  $428,280,980.00
($17,402.72)
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