The Urban Redevelopment Authority has concluded the tender for a land parcel at Dunearn Road, with Winrich Investment and Metrobilt Construction emerging as the highest bidders. Their bid of S$532.999m, equivalent to S$1,625 per square foot per plot ratio (psf ppr), was 3.1% higher than the next highest bid from Frasers Property Phoenix, CSC Land Group, and Sekisui House. The site, which can accommodate approximately 330 residential units and 1,400 square metres of commercial space, attracted six bids in total.
This site is part of the long-term rejuvenation plan for Bukit Timah Turf City, following the first land parcel awarded in July 2025 at a rate of S$1,410 psf ppr. The current highest bid is 15.2% above the previous one, reflecting strong developer confidence in the area’s potential. Justin Quek, Deputy Group CEO of Realion (OrangeTee & ETC) Group, noted the site’s strategic location near Sixth Avenue MRT station and the upcoming Turf City station, as well as its proximity to reputable schools like Methodist Girls’ School and Raffles Girls’ Primary School.
The last major project in the vicinity, Fourth Avenue Residences, launched in 2019 and completed in 2022, has shown robust activity in both resale and rental markets. This suggests a pent-up demand for new developments in the area. As the Turf City estate evolves, future residents will benefit from a variety of amenities, including retail and dining options, and green spaces, enhancing the appeal of the new project.
