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

  Published: 13 February 2025

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

2. The site at River Valley Green (Parcel B) was launched for tender on 17 October 2024. The tender for the site closed on 7 February 2025. 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 B)  Residential with Commercial at 1st Storey  11,736.0 m2  41,076 m2  GLL B Pte. Ltd. $627,835,896.00
($15,284.74)
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