Historical coverage. This summary was prepared after the original event. Rules, prices and conditions may have changed; consult the dated original source and current official guidance.

URA land sales / award

At a glance

  • URA announcement date: 15 November 2023. Milestone: award.[1]

What the URA notice records

URA’s 15 November 2023 notice confirms an award for Clementi Avenue 1. The successful tenderer is CSC Land Group (Singapore) Pte. Ltd. and Caspian Residential 3 Pte. Ltd., with a tender sum of S$633,447,945.00.[1]

The published site particulars include site area: 13,451.1 m 2; maximum gross floor area: 47,079 m 2; permitted development: Residential.[1]

The same notice also records Pine Grove (Parcel B): Golden Ray Edge 3 Pte. Ltd. (S$692,388,000.00); Lorong 1 Toa Payoh: CDL Constellation Pte. Ltd., Frasers Property Phoenix Pte. Ltd. and Sekisui House, Ltd. (S$968,000,000.00).[1]

Context & interpretation

Why it matters

A land award identifies the buyer of the parcel. It does not establish future home prices, a public sales launch or completion of the development. This is a record of the original award, with later project announcements forming separate milestones.

Sources & further reading

  1. Tender award for URA sale sites at Clementi Avenue 1, Pine Grove (Parcel B) and Lorong 1 Toa Payoh ↗Urban Redevelopment Authority · 15 Nov 2023 · Accessed 1 Nov 2026

This is an original AI-assisted summary, not a reproduction of the source article. Context is our interpretation. Editorial policy · Report an issue