MEDIA CIRCLE (PARCEL A) GLS

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Media Circle (Parcel A) GLS

Land Sold : 13 March 2025
Developer : CNQC Realty, Forsea and Hoovasun

CALL 6100 8108REGISTER INTEREST!
DISTRICT
D5 - ONE-NORTH
UNITS
345 UNITS
400sqm COMMERCIAL SPACE
PROPERTY TYPE
CONDO
TENURE
99 YEARS
LEASEHOLD

Launch Timeline for Media Circle (Parcel A)

Register Interest For Media Circle (Parcel A) GLS!

The Media Circle (Parcel A) GLS land plot was a new plot announced on 25 June 2024, as part of the 2H2024 Government Land Sales (GLS) Programme.

The land plot also comes with 400sqm of Commercial Space, and was released directly into the Confirmed List, and will be made available for Developer Tender in November 2024.

This land plot joins 3 other plots in the Media Circle area.

Can yield est 345 units
Will also have 400sqm of Commercial Space
Land Sold : 13 March 2025

Register Your Interest Today!

Registration: General Form

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About the Media Circle (Parcel A) GLS Site

The Media Circle (Parcel A) GLS land plot was announced on 25 June 2024, as part of the 2H2024 Government Land Sales (GLS) Programme, which, at 11,110 private residential units, saw the highest supply introduced in a single year since 2013.

The land plot was released directly into the Confirmed List, which means that the land will be made directly available for Developer Tender when more details are released in November 2024.

It can yield around 345 residential units, and will also have 400sqm of Commercial Space.

This land is located  in the larger One-North precinct, which has attracted talent and companies in the tech sector.

Within the same area, there are now a few land plots that have been released by the Government:

Media Circle (Parcel A) GLS in Images and Maps

Media Circle Parcel A Map ViewMedia Circle Parcel A Map ViewMedia Circle Parcel A Map View

See here for the URA Master Plan Zoning Legend

Media Circle - Overview of All Land Plots Released

Media Circle Upcoming Parcels

See more information on:

Media Circle Upcoming Parcels

Media Circle (Parcel A) Street View

PRESS COVERAGE

Tender award for URA sale site at Media Circle (Parcel A)

13 March 2025
 
1.  The Urban Redevelopment Authority (URA) has awarded the tender for the site at Media Circle (Parcel A) to the highest tenderer, CNQC Realty (Bloomsbury) Pte. Ltd., Forsea Residence Pte. Ltd. and Hoovasun Holding Pte. Ltd.

2.  The site at Media Circle (Parcel A) was launched for tender on 26 November 2024. The tender for the site closed on 4 March 2025. The site was offered for sale on a 99-year lease term. 

3.  Details of the awarded site and the successful tenderer are provided below:
 
Reference
 
LOCATION : Media Circle (Parcel A)
ALLOWABLE DEVELOPMENT : Residential with Commercial at 1st Storey
SITE AREA : 7,629.7 m2
MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) : 28,230 m2
SUCCESSFUL TENDERER : CNQC Realty (Bloomsbury) Pte. Ltd., Forsea Residence Pte. Ltd. and Hoovasun Holding Pte. Ltd.
TENDERED PRICE ($PSM of GFA) : $315,000,000.00 ($11,158.34)
TENDERED PRICE $PSF of GFA : $1,036 psf ppr

PRESS COVERAGE

Qingjian Realty, China Communications Construction defend turf in one-north

4 March 2025
 
Their joint venture tops bids for Media Circle (Parcel A), at about S$1,037 psf ppr, 13% below what they paid for opposite plot last year

China Communications Construction Company’s unit Forsea Residence and Qingjian Realty are defending their turf in the Mediapolis area of the one-north precinct.

Their consortium placed the top bid for a second 99-year leasehold private housing site, Media Circle (Parcel A), in the locale at a state tender that closed on Tuesday (Mar 4).

Zoned residential with commercial at first storey, the plot can yield about 325 private homes. The commercial component is capped at 4,306 square feet gross floor area.

Read more

PRESS COVERAGE

Tender closing for URA sale site at Media Circle (Parcel A)

4 March 2025
 
The Urban Redevelopment Authority (URA) closed the tender for the site at Media Circle (Parcel A) today.
  
The site at Media Circle (Parcel A) was launched for public tender on 26 November 2024.
 
This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date
 
Reference
 
LAND PARCEL AT MEDIA CIRCLE (PARCEL A)
 
ALLOWABLE DEVELOPMENT : RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
SITE AREA : 7,629.7 m²
MAXIMUM PERMISSIBLE GFA : 28,230 m²
DATE OF LAUNCH : 26 NOVEMBER 2024
DATE TENDER CLOSED : 4 MARCH 2025
LEASE PERIOD : 99 YEARS
RANKINGNAME OF TENDERERTENDERED SALE
PRICE ($)		TENDERED
SALE PRICE
IN $PSM OF GFA		TENDERED
SALE PRICE
IN $PSF OF GFA
1CNQC Realty (Bloomsbury) Pte. Ltd., Forsea
Residence Pte. Ltd. and
Hoovasun Holding Pte. Ltd.		315,000,000.0011,158.34$1,036
2EL Development Pte Ltd298,000,000.0010,556.15$980
3Sing-Haiyi Garnet Pte. Ltd.295,000,000.0010,449.88$970

PRESS COVERAGE

URA releases three sale sites at Media Circle and Bayshore Road

26 November 2024

1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Media Circle (Parcel A & B) and Bayshore Road for sale under the second half of 2024 (2H2024) Government Land Sales (GLS) Programme. 

2. The sites at Media Circle (Parcels A & B) and Bayshore Road are launched for sale under the Confirmed List and can potentially yield 325, 500 and 515 residential units respectively. These form part of the 5,050 residential units to be released via the Confirmed List of the 2H2024 GLS programme to cater to housing demand and maintain market stability. 

3. The Government will continue to release a steady supply of private residential units in coming GLS programmes, with supply calibrated to account for prevailing economic and property market conditions.

The tenders for the sites will close on the following dates: 

  • Media Circle Parcel A : 12 noon on 4 March 2025
  • Media Circle Parcel B : 12 noon on 29 April 2025
  • Bayshore Road : 12 noon on 18 March 2025 

Reference

Site Location
(1)		Media Circle (Parcel A)Media Circle (Parcel B)Bayshore Road
Land InfoMedia Circle (Parcel A) GLSMedia Circle (Parcel B) GLSBayshore Road GLS
Site Area7,629.7 m2 (2) 10,027.6 m2 (2)10,497.3 m2
Land Use
Zoning /
Allowable
Development		Residential with
Commercial at 1st
Storey		Residential with
Commercial at 1st
Storey		Residential
Maximum
Gross Floor
Area (GFA)		28,230 m2 43,119 m244,089 m2
Maximum
Building
Height (3)		Podium
Max 21m SHD

Overall building
height control
85m - 107m SHD		Podium
Max 20m SHD

Overall building
height control
129m - 140m SHD		101m SHD - 105m
SHD
Estimated
Number of
Housing Units
(4)		325500515
Lease Period99 years 99 years 99 years

PRESS COVERAGE

2024 private housing supply highest since 2013 with latest 2H2024 Government Land Sales (GLS) Programme

25 June 2024

1 The Government today announced the Government Land Sales (GLS) Programme for 2H2024, which comprises ten Confirmed List sites and nine Reserve List sites. Together, these sites can yield about 8,140 private residential units, 113,650 sqm gross floor area (GFA) of commercial space and 530 hotel rooms.

2 The Confirmed List comprises nine private residential sites (including one EC site) and one commercial & residential site, which can collectively yield about 5,050 private residential units (including 560 EC units) and 14,300 sqm GFA of commercial space. 

3 The Reserve List comprises five private residential sites (including two EC sites), one commercial site, two White sites and one hotel site. These sites can potentially yield an additional 3,090 private residential units (including 730 EC units), 99,350 sqm GFA of commercial space and 530 hotel rooms. 

Read More

SNLocationSite
Area (ha)		Proposed
GPR		Est.
Residential
Units		Est.
Commercial
Space		Est. Launch
Date		Sales
Agent
Confirmed List
Residential Sites
1Tampines St 95 EC2.252.55600Aug-2024HDB
2Faber Walk (2)(3)2.581.44000Sep-2024URA
3Lentor Gardens (4)2.062.15000Oct-2024URA
4River Valley Green (Parcel B) (5)1.173.5580500 sqmOct-2024URA
5Bayshore Road1.054.25150Nov-2024URA
6Media Circle (Parcel A) (2)(6)0.813.7345400 sqmNov-2024URA
7Media Circle (Parcel B) (2)(6)0.974.3485400 sqmNov-2024URA
8Chuan Grove (2)(7)1.583.05500Dec-2024URA
9Holland Link (2)(8)1.721.42400Dec-2024URA
Commercial & Residential Sites
10Chencharu Close (2)(9)2.943.287513,000 sqmSep-2024HDB
Total (Confirmed List)5,05014,300 sqm
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