UOL-led consortium submits top bid for coveted Dorset Road site

On 9 October 2025, a consortium comprising UOL (60%), our subsidiary SingLand (20%) and Kheng Leong (20%) emerged as the highest bidder for a plum city-fringe residential development site at Dorset Road, with $524.3 million, or $1,338 psf ppr.

If awarded the tender, the consortium plans to develop two 27-storey condominium towers accommodating 428 units on the 99-year leasehold government land sale site, which spans a total site area of 10,399 sqm.

The site tender attracted a total of nine bidders, with the second-highest bid at $518.9 million, or 1.0% below the top bid.

UOL Chief Investment and Asset Officer Shirley Ng said: “This Dorset site is centrally located and it is the only site that sits within the fringe of CCR region from GLS Confirmed List sites for 2025. This site has strong locational attributes, with close proximity to Farrer Park MRT and within 1km radius to renowned schools such as St Joseph Institution Junior and Hong Wen School. If awarded, it will be a very timely replenishment for our residential stock.”

Dorset Road is strategically located at District 8, near to Farrer Park MRT station and popular schools.