The Reserve Residences by URA Tender Results Revealed
The Tender Results of The Reserve Residences by URA are out. This Integrated Development will include approximately 700 residential units and 150 service apartments. The development will also feature 20,000 square metres of retail and food and beverage space, a 1,800 square-metre plaza, and a direct underground pedestrian link to Beauty World MRT station. This article will go into greater detail about the concept and development of The Reserve Residences.
The Reserve Residences Tender Results
The Urban Redevelopment Authority (URA) has announced the results of the concept tender for The Reserve Residences site. Five bidders have submitted proposals, including Far East Organization, Sino Group, Allgreen Properties, and a joint venture between Wing Tai Holdings and Perpetual (Asia). While the prices of the proposals were not disclosed, URA’s website does list the bidders’ names and trade names.
Developers have been keen on securing the site due to the high demand for new condos in Singapore. The 3.2 hectare site is a prime location within the city centre. Once completed, the parcel will yield 865 private units, a bus interchange, and up to 20,000 square metres of commercial space. There are five developers who …




