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Urban Redevelopment Authority (URA)
Press Releases

Tender award for URA sale site at Orchard Boulevard

4 November 2026

  1. The Urban Redevelopment Authority has awarded the tender for the site at Orchard Boulevard to the highest tenderer, Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.

  2. The site at Orchard Boulevard was launched for tender on 13 August 2026. The tender for the site closed on 29 October 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:

Details of site and tenderer

LOCATION

ALLOWABLE DEVELOPMENT

SITE AREA

MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)

SUCCESSFUL TENDERER

TENDERED PRICE
($PSM of GFA)

Orchard Boulevard

Residential

3,438.0 m²

9,627 m²

Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.


$181,861,924.00 ($18,890.82)