Urban Redevelopment Authority
The Urban Redevelopment Authority (URA) is Singapore's land use planning and conservation agency. URA’s multi-faceted role includes being the main government land sales agent.
See below for the Latest URA News, Analysis, Profit Results, Share Price Information, and Commentary.
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
Marina Gardens Crescent site attracts one bid; Media Circle receives 3
A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.
New home sales tumble to near 15-year low in December
The December sales fell 83% MoM to 135 units.
Developer sales soar by 286.2% MoM to 787 units in November
November saw the highest number of units launched for sale since July 2023.
Raffles Town Club site slated for housing redevelopment
Raffles Town Club will not renew its land lease when it expires on 17 October 2026.
URA launches Holland Drive and De Souza Avenue sites for sale
The sites can yield 680 and 355 residential units, respectively.
New home sales dip 6.5% MoM in October
October’s sales tally is the lowest in 2023.
URA awards tender for Clementi Avenue 1, Pine Grove Parcel B, and Lorong 1 Toa Payoh
The tendered price for each site were $633.45m, $692.4m, and $968m, respectively.
URA closes tender for 3 sites
The sites received a total of 12 bids.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
New private home sales fall to a record low of 217 in September
September marked the lowest monthly sales since December 2022.
GuocoLand, CDL place top bids for Lentor Central, Champions Way sites
Tenders for both land parcels closed on 12 September.
How many bids will the Lorong 1 Toa Payoh site attract?
Developers may bid cautiously due to recent tepid responses to GLS tenders, experts warned.
Private housing vacancy up to 6.3% in Q2
The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
Retail space prices up 0.3% in Q2
This is compared to a decline in Q1 2023.
Private housing prices dip for the first time since 2020
Sales volume in Q2 excluding condominium units surged to 69.3%.
STB looks to harness potential of the Jurong Lake site
There were no submissions for the site.
Read Here
Advertise
Sign Up
![[Singapore Business Review] Report on the Asian Business Channel](https://www.cmgassets.com/s3fs-public/styles/video_thumbnail/public/2026-10/full-show-thumbnail_1.png.webp?VersionId=bJbrT_JKOuMWBnf7YkmsWjOSWIXddSvY&itok=zWuxHRNG)
Commentary
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?
Do Singapore workplaces mistake silence for leadership?
AI as the new competitive advantage for Singapore’s small retailers
Singapore's next payments opportunity