154 views
Photo via Freepik

URA awards Holland Plain site to Sim Lian for $454m

The site has an area of 15,716.9 sq m.

The Urban Redevelopment Authority (URA) has awarded the Holland Plain residential site to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd for $454m.

The site was the subject of a government land sale tender launched on 25 February 2026 and closed on 7 May 2026. Sim Lian was the sole bidder.

The 99-year leasehold has a site area of 15,716.9 square metres nd a maximum permissible gross floor area (GFA) of 28,291 square metres. The site is zoned for residential development.

The winning bid translates to $16,047.51 per sq m per GFA.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

September surge masks looming export slowdown to 6% in 2027
Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.
Economy