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Tender award for URA sale site at River Valley Green (Parcel A)

  Published: 27 June 2024

1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at River Valley Green (Parcel A) to the highest tenderer, Winchamp Investment Pte. Ltd.

2. The site at River Valley Green (Parcel A) was launched for tender on 11 March 2024. The tender for the site closed on 19 June 2024. The site was offered for sale on a 99-year lease term.

3. Details of the awarded site and the successful tenderer are provided below:

 LOCATION ALLOWABLE
DEVELOPMENT 		 SITE AREA MAXIMUM
PERMISSIBLE
GROSS FLOOR
AREA (GFA) 		 SUCCESSFUL
TENDERER		  TENDERED PRICE
($PSM of GFA)
 River Valley Green (Parcel A)  Residential  9,293.3 m² 32,527 m²   Winchamp Investment Pte. Ltd. $463,999,999.00
($14,265.07)
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