URA launches public tender for Jurong Lake District site

The master developer site is part of the confirmed list of the 1H23 GLS programme.

A master developer site at Jurong Lake District (JLD) has been launched for sale by public tender.

Urban Redevelopment Authority (URA) said the 6.5-hectare White site will “cater to the demand for office, private residential and complementary spaces in the medium term” in the new precinct.

The JLD site comprises three plots of land linking the existing commercial centre at Jurong East MRT interchange station to the new precinct and the future Jurong Lake District station of the Cross Island Line.

“With a potential yield of at least 146,000 sqm of office space, about 1,700 dwelling units and 73,000 sqm of gross floor area for complementary uses such as shops, restaurants, entertainment, hotel, community uses or more offices, the proposed integrated development will be progressively completed over the next 10 to 15 years and provide the critical mass to propel the development of this future business district,” the URA said.

The developer who will win the tender must build at least 70,000 sqm GFA of office space and 600 private housing units as part of the first phase of the development.

The developer will then have “flexibility to phase out the remaining supply according to market demand, via an option scheme drawn up by URA.”

Meanwhile, URA will adopt the Concept and Price Revenue Tender approach when evaluating the tender submissions for the site.

Tenderers must submit their concept proposals and tender prices separately.

“The concept proposals will first be evaluated against a set of criteria specified in the tender…Only compelling concept proposals will be shortlisted to proceed to the second stage of evaluation, which will be based on price only,” the URA said.

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Urban Redevelopment Authority

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