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URA to launch the tender for the Reserve List site at Fourth Avenue

  Published: 31 October 2017

The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the residential site at Fourth Avenue for sale by public tender.

It was available for sale on the Reserve List of the 1st Half 2017 Government Land Sales Programme. URA received an application from a developer for the site to be put up for public tender. The developer committed to bid at a price of not less than $448,800,000 in the tender for the land parcel. As the minimum price committed by the developer is acceptable to the Government, the site will be released for sale by public tender.


In accordance with the procedures of the Reserve List system, URA is making public the minimum price committed for the site. However, the identity of the applicant will not be released. The tender for the land parcel will be launched at a later date with a tender period of about four weeks.

Details of the land parcel

With a land area of about 1.9 ha, the residential site at Fourth Avenue will have a maximum permissible gross floor area of 33,358 sqm.

Details of the land parcel and its location plan are provided in Annex 1 [PDF, 8kb] and Annex 2 [PDF, 135kb].

More details on the land parcels are available on URA SPACE

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