The Urban Redevelopment Authority (URA) has awarded the tender for the site at Ang Mo Kio Avenue 1 to United Venture Development (2021) Pte. Ltd.
The company submitted the highest bid in the tender for the site.
The site at Ang Mo Kio Avenue 1 was launched for tender on 26 November 2020. The tender for the site closed on 25 May 2021. The land parcel was offered for sale on 99-year lease term.
Details of the awarded land parcel and the successful tenderer are provided below:
Ang Mo Kio Avenue 1
$381,381,000