Press Releases
Tender award for URA sale site at Bedok Rise
2 December 2025
1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Bedok Rise to the highest tenderer, Bellis Residential Pte. Ltd.
2 The site at Bedok Rise was launched for tender on 18 September 2025. The tender for the site closed on 27 November 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) |
|---|---|---|---|---|---|
Bedok Rise | Residential | 20,293.6 m² | 32,470 m² | Bellis Residential Pte. Ltd. | $464,800,000.00 |