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Urban Redevelopment Authority (URA)
Press Releases

Tender award for URA sale site at Orchard Boulevard

21 February 2024

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 tender for the site at Orchard Boulevard to the highest tenderer, United Venture Development (No. 7) Pte. Ltd. 

The site at Orchard Boulevard was launched for tender on 17 October 2023. The tender for the site closed on 1 February 2024. The site was offered for sale on a 99-year lease term.

Details of the awarded sites and the successful tenderer is provided below:

Table caption

 LOCATION

ALLOWABLE
DEVELOPMENT 

SITE AREA

MAXIMUM
PERMISSIBLE
GROSS FLOOR
AREA (GFA) 

SUCCESSFUL
TENDERER

 TENDERED PRICE
($PSM of GFA)

 Orchard Boulevard

Residential with Commercial at 1st Storey

7,031.4 m2

 24,610 m2

United Venture Development (No.7) Pte. Ltd. 

$428,280,980.00
($17,402.72)

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