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Urban Redevelopment Authority (URA)
Press Releases

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

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:

Table caption

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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