Tenders closing for URA sale sites

Sites at Clementi Avenue 1, Pine Grove (Parcel B) and Lorong 1 Toa Payoh

Capital flows

Investment sales and advisory

Affordable housing

Government

Authors

Andrew Peck

Site for Tender	Site Area	Maximum Gross Floor Area	Estimated number of housing units	Top Bid	No of bidders
Clementi Avenue 1	13,451.1 sqm	47,079 sqm	500	$633,447,945 ($1,250 psf per plot ratio or ppr)	6
Pine Grove (Parcel B)	25,039.2 sqm	52,583 sqm	565	$692,388,000 ($1,223 psf ppr)	3
Lorong 1 Toa Payoh	15,743.0 sqm	66,121 sqm	775	$968,000,000 ($1,360 psf ppr)	3

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