Four Bids, One Award: What URA's Tender Record Confirms About the Parcel C Site Beside Great World MRT, and What Is Still Not Announced

By Davis Ng · · Updated

The short answer: URA awarded River Valley Green (Parcel C) on 23 June 2026 to SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd., whose tender of S$750,569,199 ranked first of four. Sunway identifies SMCL Haven 3 as its indirect wholly-owned subsidiary and describes the proposed joint venture as 60:40, subject to regulatory approvals. Everything a buyer eventually needs, from the project name to the price list, sits outside that land record. This piece reads the record line by line so you can separate fixed facts from what has not been announced yet.

How Parcel C reached the award

DateStepSource
3 Dec 2024Parcel C made available for application on the Reserve List, with an estimated yield of 470 homesURA release
9 Apr 2026Launched for public tender as part of the Confirmed List of the 1H2026 Government Land Sales programme, described as next to Great World MRT stationURA release
18 Jun 2026Tender closed with four bidsURA tender-closing annex
23 Jun 2026Site awarded to the top tendererURA award notice

The site as URA describes it

ItemURA figure
Site area11,516.0 m² (final area subject to cadastral survey); shown as 1.15 ha on URA's GLS list
ZoningResidential
Gross plot ratio3.5
Maximum gross floor area40,306 m²
Maximum building height164 m SHD
Estimated housing units470 (URA notes the developer's actual number may vary)
Lease99 years

Two lines are easy to misread. The height cap is stated in Singapore Height Datum (SHD), a reference level, not a height measured from the ground, so it cannot be converted into a storey count. The number of storeys has not been announced. The Edge Singapore has reported a planned twin 36-storey scheme of about 500 homes; that is a media report, not a URA or developer figure. The 470 figure is URA's planning estimate, and our project details page keeps it labelled as an estimate.

The four bids, side by side

RankTendererTendered price (S$)S$ per m² of GFA (URA)S$ psf ppr (converted)
1SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd.750,569,19918,621.77about 1,730
2COLI (Singapore) Pte. Ltd.720,720,00017,881.21about 1,661
3Intrepid Investments Pte. Ltd., GuocoLand (Singapore) Pte. Ltd. and TID Residential Pte. Ltd.715,858,74417,760.60about 1,650
4Kingsford Huray Development Pte Ltd705,446,60417,502.27about 1,626

The last column is our arithmetic, converted from URA's S$ per m² of gross floor area; URA does not publish it. The winning tender was about S$29.8 million, roughly 4%, above the second-ranked bid, and about 6% above the fourth. All four bids falling within that band is consistent with several developers valuing the site similarly. It is not a forecast of selling prices. One further detail from the record: GuocoLand, the developer that secured neighbouring Parcel B, was part of the third-ranked consortium for Parcel C.

Parcel C is its own site, not Parcel A or B

ParcelWhat URA's records showWhat our site records
ALaunched 11 Mar 2024 on the Confirmed List, estimated 380 homes; awarded 27 Jun 2024 to Winchamp Investment Pte. Ltd. at S$463,999,999Developed by Wing Tai as River Green
BReleased 11 Mar 2024 on the Reserve List, zoned Residential with Commercial at 1st Storey, estimated 580 units including long-stay serviced apartmentsSecured by GuocoLand
CAwarded 23 Jun 2026 to SMCL Haven 3 and CSC Land GroupThis site; name, price and TOP not announced yet

Brochures, price lists or floor plans for Parcel A or B do not describe Parcel C. The launched neighbours are covered in our Great World new-launch comparison.

What the land record does not tell you

  • Project name: not announced yet. A working name is not an official name.
  • Selling price and psf: not announced yet. The land price is a cost to the developer, not a price to you. Sourced third-party estimates, labelled as estimates, are on the price page.
  • Unit mix and sizes: not announced yet. They will be posted on the floor plans page once released.
  • Showflat and preview dates: not announced yet. Register on the showflat page to receive them.
  • TOP and possession dates: not announced yet.

When those details arrive, check that the document names River Valley Green (Parcel C) and the successful tenderers. We log each dated milestone on the latest updates page. Families weighing the school angle can read our River Valley Primary P1 priority guide.

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