URA awards tender for Orchard Boulevard site to Intrepid Investments
The Urban Redevelopment Authority has awarded the tender for the Orchard Boulevard site to Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. The site was offered for sale on a 99-year lease term.
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Orchard Boulevard to Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. The site was launched for tender on 13 August 2026 and closed on 29 October 2026. The successful tenderer will develop the site on a 99-year lease term. The site is located at Orchard Boulevard and is designated for residential development. The site area is 3,438.0 m², with a maximum permissible gross floor area (GFA) of 9,627 m². The tendered price for the site is $181,861,924.00, which is equivalent to $18,890.82 per square metre of GFA. The URA has confirmed that the site will be developed in accordance with the allowable development guidelines. The successful tenderer will now proceed with the planning and development of the site. The URA has not provided any further details on the development plans for the site. The tender award is expected to have a significant impact on the residential development landscape in Singapore.
Key facts
- The Urban Redevelopment Authority (URA) awarded the tender for the site at Orchard Boulevard to Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.
- The site was launched for tender on 13 August 2026 and closed on 29 October 2026.
- The site is located at Orchard Boulevard and is designated for residential development.
- The site area is 3,438.0 m², with a maximum permissible gross floor area (GFA) of 9,627 m².
- The tendered price for the site is $181,861,924.00, which is equivalent to $18,890.82 per square metre of GFA.
Source
Tender award for URA sale site at Orchard Boulevard
URA Media Releases · 4 November 2026 · This brief is a summary in our own words. Read the original for the full text.
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