URA announced on 4 Nov 2026 that it awarded the Orchard Boulevard site to the highest tenderer, Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd., at $181,861,924, or $18,890.82 per square metre of gross floor area. That is about $1,755 per square foot per plot ratio (our conversion). The tender closed on 29 Oct 2026.
What did URA award?
| Item | URA's figure |
|---|---|
| Successful tenderer | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. |
| Tendered price | $181,861,924 |
| Price per sq m of GFA | $18,890.82 |
| Site area | 3,438.0 sq m |
| Maximum permissible GFA | 9,627 sq m |
| Use | Residential |
| Lease | 99 years |
| Tender launched / closed | 13 Aug 2026 / 29 Oct 2026 |
- URA's notice calls the winner the highest tenderer. It is the same bid that topped the list in URA's tender-closing notice of 29 Oct 2026, which showed five bids. See the tender close for all five.
- Our arithmetic, not URA's: dividing $18,890.82 per sq m by 10.764 gives about $1,755 per sq ft of plot ratio (psf ppr). URA publishes the per sq m figure only.
- URA's award notice does not give a unit count. When URA launched the site for tender on 13 Aug 2026, it estimated about 110 homes. The developers' final number may differ.
"Psf ppr" is the land price divided by the floor area the site is allowed to build. It is a land cost, not what a buyer pays.
What has not been announced?
Four things: the number of homes the developers will build, a project name, a launch date and a selling price. None of them is in URA's notice, and no government source has released them. Our reading: the land price is now settled, but a buyer has nothing to book or compare yet. Projects on awarded sites usually reach buyers well after the award.
For the other sites, see the GLS tenders summary, which covers Marina Gardens Lane, Orchard Boulevard and East Coast Road. Our launch tracker follows the projects, and the market data page has the latest official price figures.
Tender award notice: URA
Frequently asked questions
Who won the Orchard Boulevard site?
URA awarded it to the highest tenderer, Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd., at $181,861,924, according to its tender award notice of 4 Nov 2026.
What is the land price per square foot per plot ratio?
URA gives $18,890.82 per square metre of gross floor area. Dividing by 10.764, we get about $1,755 psf ppr. That is a land cost, not the price a buyer pays.
How many homes will be built at Orchard Boulevard?
Not announced. URA's award notice gives no unit count. URA's release of 13 Aug 2026 estimated about 110 homes for the site, and the developers' final count may differ.
When will homes at Orchard Boulevard launch, and at what price?
Not announced. No government source has released a project name, launch date or selling price for the site.