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Urban Redevelopment Authority (URA)
Press Releases

Award of tender for URA sale sites at Hillview Rise and Bukit Timah Link

15 November 2022

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

The Urban Redevelopment Authority (URA) has awarded the tenders for the sites at Hillview Rise and Bukit Timah Link to the highest tenderers, namely Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd. for the site at Hillview Rise; and Bukit One Pte. Ltd. for the site at Bukit Timah Link.   

The sites at Hillview Rise and Bukit Timah Link were launched for tender on 31 August 2022. The tenders for these sites closed on 3 November 2022. The sites were offered for sale on 99-year lease terms. 

Details of the awarded sites and the successful tenderers are provided below:

Table caption

LOCATION

ALLOWABLE
DEVELOPMENT 

SITE AREA 

MAXIMUM
PERMISSIBLE
GROSS FLOOR
AREA (GFA) 

 SUCCESSFUL
TENDERER

TENDERED PRICE
($PSM of GFA) 

Hillview Rise 

 Residential

10,395.2 m²

 29,107 m²

Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd.

 $320,777,000
($11,020.61)

Bukit Timah Link

4,611.1 m²

 13,834 m²

Bukit One Pte. Ltd.

 $200,001,888
($14,457.27)

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