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Award of tender for residential site at Woodleigh Lane

  Published: 14 July 2017

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Woodleigh Lane to CEL Unique Development Pte. Ltd. The company submitted the highest bid in the tender for the site.

The site was launched for public tender on 30 May 2017. The tender for the site closed on 11 July 2017. The land parcel was offered for sale on a 99-year lease term. 

Details of the awarded land parcel and the successful tenderer are provided below:

 LOCATION ALLOWABLE DEVELOPMENT SITE AREA  MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) SUCCESSFUL TENDERER TENDERED PRICE
($PSM of SITE AREA)
Woodleigh Lane
Residential        19,546.9 m2 58,641 m2 CEL Unique Development Pte. Ltd. $700,700,700
($11,948.99)

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