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 Chitty Road and Veerasamy Road parcel to YK Land Pte. Ltd. at a tender price of S$35.288 million.[1]

What was announced

URA confirmed the award of the Chitty Road and Veerasamy Road land parcel to YK Land Pte. Ltd.. The successful tender price was S$35.288 million, according to the authority’s award notice.[1]

The 3,407.0 sq m parcel allows residential use. The site was offered on a 99-year lease. Its tender launched on 5 March 2026 and closed on 28 July 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. YK Land wins Chitty Road and Veerasamy Road site for S$35.288 million ↗Urban Redevelopment Authority · 7 Aug 2026 · 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