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Urban Redevelopment Authority (URA)
Press Releases

Tender award for URA sale site at New Upper Changi Road

4 September 2026

  1. The Urban Redevelopment Authority has awarded the tender for the site at New Upper Changi Road to the highest tenderer, United Venture Development (Daisy) Pte. Ltd. and CL Sapphire Pte. Ltd.

  2. The site at New Upper Changi Road was launched for tender on 15 May 2026. The tender for the site closed on 1 September 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:


LOCATION

ALLOWABLE DEVELOPMENT

SITE AREA

MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)

SUCCESSFUL TENDERER

TENDERED PRICE ($PSM of GFA)

New Upper Changi Road

Residential

30,769.0 m²

86,154 m²

United Venture Development (Daisy) Pte. Ltd. and CL Sapphire Pte. Ltd.


$1,425,388,000.00 ($16,544.65)