Singapore's Urban Redevelopment Authority has released two Core Central Region-adjacent sites, one opposite Gardens by the Bay, one in the Orchard Road retail belt, for tender, as part of a 2H2026 land sales programme that is more than 50% above its 10-year average.

TL;DR

  • URA released two Government Land Sales sites on 13 August 2026: Marina Gardens Lane (potential 390 units, opposite Gardens by the Bay) and Orchard Boulevard (potential 110 units, near Orchard Boulevard MRT). Tenders close 15 and 29 October 2026 respectively.
  • The two sites are part of a 4,745-unit Confirmed List for 2H2026, more than 50% above the 10-year average, which URA says will help lift Singapore's overall private housing pipeline to about 61,000 units.
  • PropNex forecasts land prices of roughly S$561–598 million for Marina Gardens Lane and S$202–212 million for Orchard Boulevard, but these are analyst estimates only: as of publication, neither tender has closed and no winning bid has been confirmed.

What did URA just release, and where are the two sites?

On 13 August 2026, the Urban Redevelopment Authority released two residential sites for tender under the second-half 2026 Government Land Sales (GLS) Programme, Singapore's mechanism for releasing state land to private developers through public bidding. One plot sits at Marina Gardens Lane, near the future Marina South MRT station and directly opposite Gardens by the Bay. The other is at Orchard Boulevard, within the Orchard Road retail belt and about a five-minute walk from Orchard Boulevard MRT station.

Both are 99-year leasehold sites released via the GLS Confirmed List, meaning they go to tender on schedule regardless of developer demand, unlike Reserve List sites that require a developer to trigger the tender first.

How big are the two plots?

Marina Gardens Lane spans 64,663 sq ft and permits up to 362,119 sq ft of gross floor area, with capacity for about 390 homes plus a small ground-floor commercial component. Orchard Boulevard is smaller, at 37,006 sq ft with up to 103,624 sq ft of gross floor area, and can yield roughly 110 units. Together they account for a slice of the 4,745 residential units on the Confirmed List for the second half of 2026, a list URA says is more than 50% above the average annual Confirmed List supply of the past decade.

When do the tenders close, and has a winner been named?

The Marina Gardens Lane tender closes at 12 noon on 15 October 2026, and the Orchard Boulevard tender closes at 12 noon on 29 October 2026. As of this writing, neither tender has closed and URA has not announced a winning bidder or price for either site; any figures circulating are forecasts, not results.

Why does this matter?

For readers tracking Singapore's prime residential market, these releases matter for two reasons. First, Orchard Boulevard is one of only two CCR sites on the entire second-half confirmed list, alongside a Holland Plain parcel, new land in Singapore's most tightly held prime district is scarce, so a fresh site there draws outsized attention even at a modest 110-unit scale. Second, the broader push, an above-average Confirmed List plus URA's stated aim of lifting the total private housing pipeline from about 57,000 to roughly 61,000 units, including some 32,000 unsold homes developers could still launch, signals a deliberate supply-side response at a time when private home prices rose a more modest 1.4% in the first half of 2026, easing from 1.8% a year earlier, while transactions and new launches both declined.

What are analysts forecasting?

PropNex research head Wong Siew Ying expects Marina Gardens Lane to draw four to six bids at S$1,550–S$1,650 per sq ft per plot ratio, implying a land price of S$561–598 million, and Orchard Boulevard to draw four to five bids at S$1,950–S$2,050 psf ppr, implying S$202.1–212.4 million. She points to nearby benchmarks for context: a Kingsford-led consortium's One Marina Gardens, on an earlier, larger Marina Gardens Lane plot bought for S$1,402 psf in 2023, has since sold 70.5% of its 937 units at an average S$2,969 psf; and UpperHouse at Orchard Boulevard, on a site UOL secured for S$1,617 psf in 2024, has sold 82% of its 301 units at an average S$3,400 psf. These are analyst projections, not confirmed outcomes, and actual bids could land above or below this range, as happened in February 2024, when URA rejected a sole S$770.5 million bid for a nearby Marina South site as too low.

Frequently Asked Questions

What is the Government Land Sales Programme, and why does URA use a Confirmed List?

The GLS Programme is how the Singapore government releases state land for private residential and commercial development through public tender. Confirmed List sites are put up for tender on a fixed, published schedule regardless of developer interest, which gives URA a direct lever to add supply; the 2H2026 Confirmed List of 4,745 units is over 50% above the 10-year average.

Has a winner been announced for either site?

No. The Marina Gardens Lane tender closes 15 October 2026 and the Orchard Boulevard tender closes 29 October 2026. Any land price figures reported before those dates, including PropNex's forecasts, are estimates rather than results.

Is Orchard Boulevard the only Core Central Region site on offer this half?

No. It is one of two CCR sites on the 2H2026 Confirmed List; the other is a parcel at Holland Plain, according to Mingtiandi's reporting on the URA release.

Sources and Method

This article is based on URA's press release "URA releases two sale sites at Marina Gardens Lane and Orchard Boulevard" (13 August 2026), verified against Mingtiandi's independent report "Singapore Launches Tenders for Marina South, Orchard Road Sites Yielding 500 Homes" by Christopher Caillavet (14 August 2026), which added site dimensions, analyst forecasts and nearby transaction benchmarks. All forecast figures are attributed to PropNex research head Wong Siew Ying via Mingtiandi's reporting. No tender outcome has been confirmed as of publication.