Quick answer
URA awarded the Lorong Puntong / Sin Ming Avenue residential site to Eco World Development (S) Pte. Ltd. on 18 September 2026 for S$208.099 million.
The award confirms a future private-housing site with an estimated yield of about 140 homes. It does not confirm a project name, launch date, unit mix, selling price or completion date.
Award snapshot
Key takeaways
- URA has confirmed the site award; this is no longer merely a tender-closing result.
- The 99-year residential site covers 4,283.4 square metres and has a maximum permissible gross floor area of 11,994 square metres.
- URA estimates that the site could yield about 140 homes, although the eventual number may differ.
- The tendered land price is not the future selling price of an individual home.
- Buyers should wait for verified project, planning and sales information before comparing this future development with other options.
Background
The Lorong Puntong / Sin Ming Avenue parcel was released through the Government Land Sales programme. URA launched the site for tender on 25 June 2026, and the tender closed on 15 September 2026.
Government land sales are an early part of the housing-supply pipeline. Even after a site is awarded, development planning, regulatory approvals and project preparation must take place before homes can be marketed for sale.
URA’s published site particulars describe a residential parcel with a 99-year lease, a gross plot ratio of 2.8 and an estimated yield of about 140 homes. The estimate is not a guaranteed final unit count.
Latest update
On 18 September 2026, URA awarded the site to Eco World Development (S) Pte. Ltd., the highest tenderer. The confirmed tendered price is S$208,099,000, equivalent to S$17,350.26 per square metre of gross floor area.
Industry reporting commonly expresses this as approximately S$1,612 per square foot per plot ratio. EdgeProp reported that the tender attracted seven bids. That market context is attributed to the publication; URA’s award, site dimensions and tendered price remain the primary confirmed facts.
There is no separate policy effective date. The material event is the award dated 18 September 2026.
Who is affected
The update is most relevant to private-home buyers monitoring future supply around Sin Ming and Bright Hill, HDB owners considering a future upgrade in the broader Bishan and Upper Thomson area, buyers comparing possible future launches with resale homes available earlier, and nearby owners following how new supply may change the area’s longer-term housing mix.
The award provides useful early context, but buyers cannot yet shortlist a unit from this site.
Who is not affected
The award does not create an immediate transaction decision for buyers who need a home with confirmed availability, layouts, pricing or completion timing.
It does not alter HDB eligibility, private-property ownership rules, financing requirements, CPF rules or applicable duties. It also does not establish the value of nearby homes or guarantee a particular market outcome.
What remains unchanged
No official project name, sales launch date, preview date, unit mix, floor plans, maintenance charges, selling prices or completion date has been published for the future development.
The estimated yield of about 140 homes may change. A developer must still complete the relevant design, planning, regulatory and marketing stages.
Most importantly, a land bid is not a home price. The eventual selling price of a unit will depend on factors that are not yet known, including design, construction and financing costs, unit sizes, market conditions and the developer’s commercial decisions.
Planning considerations
Treat the award as a verified milestone
The award confirms the developer and moves the parcel beyond the tender-closing stage. That is meaningful, but it remains an early milestone. Buyers should follow later official and developer announcements before treating the site as a purchase option.
Do not turn the land rate into a personal budget
Land-rate comparisons may help observers understand developer bidding, but they do not show what a specific home will cost. Until the unit mix, floor areas and price list are released, launch-price figures remain estimates.
A household’s comfortable budget should be reviewed separately, including downpayment, loan capacity, cash and CPF availability, applicable duties and a reasonable financial buffer. The existing TDSR and affordability guide provides a useful starting point.
Compare timing as well as location
A future Sin Ming project may be relevant to buyers who can wait. Buyers with a shorter housing timeline should continue comparing completed resale homes and launches with confirmed schedules. The new launch versus resale condo guide explains the differences in certainty, payment timing, physical inspection and move-in planning.
Watch the wider supply pipeline
This site should not be assessed in isolation. The 2H 2026 Government Land Sales overview and the New Upper Changi Road GLS guide show how different parcels enter Singapore’s future supply pipeline at different times and scales.
When verified project information becomes available, compare the development with other options through the Singapore New Launch Project Reviews hub.
FAQ
Official sources
This article provides general educational information based on the official land-award position. Verify later URA and developer announcements, current availability and the requirements applying to your circumstances before making a property decision.