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: 11 July 2023. Milestone: award.[1]

What the URA notice records

URA’s 11 July 2023 notice confirms an award for Marina Gardens Lane. The successful tenderer is Kingsford Huray Development Pte. Ltd., Obsidian Development Pte. Ltd. and Polarix Cultural & Science Park Investment Private Limited., with a tender sum of S$1,034,480,000.00.[1]

The published site particulars include site area: 12,245.1 m 2; maximum gross floor area: 68,573 m²; permitted development: Residential with Commercial at 1st 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. Award of tender for URA sale site at Marina Gardens Lane ↗Urban Redevelopment Authority · 11 Jul 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