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.

At a glance

  • URA awarded the 99-year Tanjong Rhu Road parcel to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd. at a tender price of S$709.252 million.[1]

What was announced

URA confirmed the award of the Tanjong Rhu Road land parcel to CDL Constellation Pte. Ltd. and Bedrock Ventures Pte. Ltd.. The successful tender price was S$709.252 million, according to the authority’s award notice.[1]

The 12,239.3 sq m parcel allows residential use. Its maximum permissible gross floor area is 45,286 sq m. The site was offered on a 99-year lease. Its tender launched on 26 November 2025 and closed on 5 February 2026.[1]

Context & interpretation

Why it matters

The award identifies the successful land bidder. Land cost alone does not establish future apartment selling prices, a launch date or a completion schedule; those require separate project announcements.

Sources & further reading

  1. Tanjong Rhu Road site awarded to CDL Constellation and Bedrock Ventures ↗Urban Redevelopment Authority · 10 Feb 2026 · Accessed 1 Nov 2026

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