Press Releases
Tender award for URA sale site at Dover Drive
31 March 2026
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1 The Urban Redevelopment Authority has awarded the tender for the site at Dover Drive to the highest tenderer, CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd.
2 The site at Dover Drive was launched for tender on 26 November 2025. The tender for the site closed on 26 March 2026. 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) |
|---|---|---|---|---|---|
Dover Drive | Residential with Commercial at 1st Storey | 13,517.2 m² | 56,773 m² | CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd. | $951,000,999.00 |