The Urban Redevelopment Authority has just closed the tender for a land parcel at Dunearn Road. The site can yield approximately 330 units, and will also have around 1,400 sqm of commercial space.
The highest bid was from Winrich Investment Pte. Ltd. and Metrobilt Construction Pte Ltd, at S$532,999,999 or around S$1,625 psf ppr, 3.1% higher than the next highest bid from Frasers Property Phoenix Pte. Ltd., CSC Land Group (Singapore) Pte. Ltd. and Sekisui House, Ltd. A total of six bids were submitted for this site.
This is the second site released under the long-term rejuvenation plan of Bukit Timah Turf City. The first Turf City land parcel was awarded in July 2025 at a land rate of S$1,410 psf ppr. Nine bids were submitted for that land parcel, indicating keen developer interest in participating in the transformation of Turf City. The highest bid for this tender was 15.2 per cent higher than the highest bid of the first land parcel, which may indicate strong confidence in the future housing estate here.
The participation in the tender was unsurprising. The site is near the Sixth Avenue MRT station on the Downtown Line and the upcoming Turf City station on the Cross Island line. The site is within 1km of Methodist Girls’ School (Primary), and within 2km of other primary schools such as Pei Hwa Presbyterian Primary School, Raffles Girls’ Primary School. Notably, the future project here will have 1,400sqm of commercial space on the 1st storey, bringing greater convenience to future residents here.
The most recent project launch in the area was Fourth Avenue Residences in 2019, and has since been completed in 2022. That project is experiencing healthy activity in both the resale and rental market, which may indicate some pent-up demand for the new project here.
With strong locational attributes to support sales in the future, developer may have had additional confidence to bid for this site. Moreover, as the Turf City estate develops over time, future homeowners here will have access to a wide array of amenities including retail options, food and beverage outlets, and green spaces amidst heritage buildings that have been repurposed for new community uses, making the project here an exciting one to own.