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Orchard Boulevard site awarded: a future home option to watch

The award gives buyers a confirmed development site to follow. Apartment prices, layouts and a moving date are not provided in URA’s award announcement.

Published
8 Nov 2026
Last fact-checked
8 Nov 2026
Data period
Nov 2026 – Nov 2026
Reading time
1 min

What does the Orchard Boulevard land award mean for buyers?

Buyers considering a home near Orchard Road have another future site to follow. URA awarded the Orchard Boulevard residential site to Intrepid Investments and TID Residential on 4 November 2026 for S$181,861,924.

Key takeaways

  • URA awarded the Orchard Boulevard site on 4 November 2026 for S$181,861,924.
  • The 99-year site covers 3,438 sq m, with up to 9,627 sq m of floor area.
  • About S$1,755 per sq ft per plot ratio: a land cost, not an apartment price.
  • URA's award announcement gives no floor plans, launch prices or completion date.

Data snapshot

Official figureTendered price
S$181.9 million
Awarded 4 Nov 2026
Official figureMaximum gross floor area
9,627 sq m
Site area 3,438 sq m, 99-year lease
CalculatedLand rate
S$1,755 psf ppr
S$18,890.82 per sq m of floor area (URA)

Evidence

What the data shows

What the land figures tell you

The 99-year site covers 3,438 square metres, with a maximum gross floor area of 9,627 square metres. The land price works out to about S$1,755 per square foot per plot ratio. That measures the bid against permitted development floor area. It is different from the price per square foot of an apartment.

The Orchard Boulevard award, from URA's release of 4 November 2026
Awarded4 November 2026
Successful tendererIntrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.
Tender launched / closed13 August / 29 October 2026
Lease99 years
Site area3,438.0 sq m
Maximum gross floor area9,627 sq m
Tendered priceS$181,861,924
Per sq m of gross floor area (URA)S$18,890.82
Per sq ft per plot ratio (calculated)about S$1,755

Source: Tender award for URA sale site at Orchard Boulevard (4 November 2026) (Urban Redevelopment Authority), Award of 4 November 2026. Extracted 7 Nov 2026.

S$181,861,924 ÷ 9,627 sq m = S$18,890.82 per sq m (URA's figure); ÷ 10.7639104 sq ft per sq m = S$1,755 per sq ft per plot ratio (calculated).

Analysis · opinion

James's interpretation

How to use this when comparing homes

Put this site on your watchlist if the location suits your plans. Compare available homes by total budget, usable space and when you need to move. Waiting can give you another option, but the award announcement does not yet provide a unit layout, apartment price or moving date for that comparison.

The next useful details are the project’s floor plans, launch pricing and expected completion. These will help you compare it with homes available now.

For homes you can view now around Orchard Road, my District 9 and District 10 Q3 2026 condo updates show what sold last quarter. For land prices across recent government sites, see rising land costs and tomorrow's launches.

Want help comparing a future Orchard option with homes you can view now? Discuss your shortlist with James.

Limitations

A land rate measures the bid against the floor area the site may build. It is not an apartment price. URA's award announcement gives no project name, layout, apartment price or completion date.

Methodology

Figures from URA's award release of 4 November 2026. Land rate: S$181,861,924 ÷ 9,627 sq m = S$18,890.82 per sq m of gross floor area (URA's figure); ÷ 10.7639104 sq ft per sq m = S$1,755.01 per sq ft per plot ratio, shown as about S$1,755.

psf ppr
Per square foot per plot ratio: the land price divided by the floor area the site is allowed to build.

How all research on this site is built

Sources

  1. 1.
    Tender award for URA sale site at Orchard Boulevard (4 November 2026)

    Urban Redevelopment Authority · Period: Award of 4 November 2026 · Extracted 7 Nov 2026

    Award, tenderer, price, site area, gross floor area, lease and tender dates.

  2. 2.
    Tender closing for URA sale site at Orchard Boulevard (29 October 2026)

    Urban Redevelopment Authority · Period: Tender closing, 29 October 2026 · Extracted 7 Nov 2026

    The tender's closing date.

General information only, not financial, legal or tax advice. Figures reflect the data period shown and may since have changed; your own circumstances will differ. Full disclaimer.

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