UOL Group Limited, Singapore Land Group Limited, and Kheng Leong have jointly submitted the highest bid for a site at Dorset Road, Singapore, under the Urban Redevelopment Authority’s (URA) sale. The consortium’s 60:20:20 joint venture seeks to develop the centrally located site, which is the only one within the fringe of the Core Central Region (CCR) from the Government Land Sales (GLS) Confirmed List for 2025.
The proposed development will feature two 27-storey towers with a total of 428 residential units. Shirley Ng, UOL’s Chief Investment and Asset Officer, highlighted the site’s strategic location, noting its proximity to Farrer Park MRT and renowned schools like St Joseph Institution Junior and Hong Wen School. Ng stated, “If awarded, it will be a very timely replenishment for our residential stock.”
The bid underscores the consortium’s commitment to expanding its residential offerings in prime locations. The site’s attributes, including its accessibility and educational institutions nearby, make it a desirable addition to their portfolio. The outcome of the tender will determine the consortium’s next steps in realising this significant development project.
