Urban Redevelopment Authority

The Urban Redevelopment Authority (URA) is Singapore's land use planning and conservation agency. URA’s multi-faceted role includes being the main government land sales agent.

See below for the Latest URA News, Analysis, Profit Results, Share Price Information, and Commentary. 

Stock of office space increases by 2,000 sqm in 4Q23

The stock increase resulted in a drop in the island-wide vacancy rate.

Stock of office space increases by 2,000 sqm in 4Q23

The stock increase resulted in a drop in the island-wide vacancy rate.

Ang Mo Kio Ave 2 site to yield around 700 homes

URA has proposed to use the site for high-density residential projects.

Marina Gardens Crescent site attracts one bid; Media Circle receives 3

A GuocoLand-led consortium was the sole bidder for Marina Gardens Crescent.

New home sales tumble to near 15-year low in December 

The December sales fell 83% MoM to 135 units. 

Developer sales soar by 286.2% MoM to 787 units in November

November saw the highest number of units launched for sale since July 2023.

Raffles Town Club site slated for housing redevelopment

Raffles Town Club will not renew its land lease when it expires on 17 October 2026.

URA launches Holland Drive and De Souza Avenue sites for sale

The sites can yield 680 and 355 residential units, respectively. 

New home sales dip 6.5% MoM in October

October’s sales tally is the lowest in 2023.

URA awards tender for Clementi Avenue 1, Pine Grove Parcel B, and Lorong 1 Toa Payoh

The tendered price for each site were $633.45m, $692.4m, and $968m, respectively.

URA closes tender for 3 sites

The sites received a total of 12 bids.

URA puts up Orchard Boulevard site for sale under GLS programme

The site is residential with a 1st storey commercial and has a 99-year lease period.

New private home sales fall to a record low of 217 in September

September marked the lowest monthly sales since December 2022.

GuocoLand, CDL place top bids for Lentor Central, Champions Way sites

Tenders for both land parcels closed on 12 September.

How many bids will the Lorong 1 Toa Payoh site attract?

Developers may bid cautiously due to recent tepid responses to GLS tenders, experts warned.

Private housing vacancy up to 6.3% in Q2

The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.

Office space prices up 1% in Q2

Vacancy declined to 10.8% during the period.