A single Dunearn Road plot just changed hands for $532,999,999
URA has awarded the Dunearn Road residential site to the top bidder for $532,999,999, a land rate of $1,625 per square foot per plot ratio (psf ppr), the yardstick Singapore actually quotes land prices in. To see how this one sale sits inside the wider stream of government land being released, start with the bigger picture:
GLS Supply (past decade)
Land this expensive doesn't stay abstract. It sets the starting point for what a future buyer pays.
What URA actually awarded
Stripped of the jargon: the government sold a 99-year lease on a plot at Dunearn Road, zoned for homes with shops on the ground floor, to a developer partnership that outbid everyone else. The concrete facts, all from URA's notice:
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