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: 9 June 2025. Milestone: award.[1]

What the URA notice records

URA’s 9 June 2025 notice confirms an award for Lakeside Drive. The successful tenderer is CDL Polaris Properties Pte. Ltd. and CDL Polaris Commercial Pte. Ltd., with a tender sum of S$608,000,000.00.[1]

The published site particulars include site area: 13,485.1 m 2; maximum gross floor area: 49,895 m 2; permitted development: Residential with Commercial at 1 st Storey.[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 site at Lakeside Drive ↗Urban Redevelopment Authority · 9 Jun 2025 · 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