URA awards Lorong Puntong site to Eco World for $208.1m

Tender works out to $17,350 per sqm of GFA.

The Urban Redevelopment Authority has awarded the tender for the residential site at Lorong Puntong/Sin Ming Avenue to Eco World Development (S) Pte. Ltd. for $208.1m.

The company submitted the highest bid at $17,350.26 per square metre (sq m) of gross floor area (GFA).

The plot has a site area of 4,283.4 sq m and a maximum permissible GFA of 11,994 sq m.

The site was launched for tender on 25 June, with the tender closing on 15 September.

It received seven bids at closing.

The site was offered for sale on a 99-year lease term.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia