Dorset Road Sold for $524 Million — City-Fringe Land at $1,338 psf ppr

16 October 2025Blog District 8 RCR

The Dorset Road land sale site, outlined in red near Farrer Park

On 16 October the Urban Redevelopment Authority awarded the Dorset Road site to United Venture Development (2022) for $524,300,800 — $1,338 per square foot per plot ratio.

The site sits in the Farrer Park pocket of District 8, minutes from the city and on the North East Line.

What URA awarded


Site area	10,399.0 m² (111,933 sqft)
Maximum gross floor area	36,397 m² (391,774 sqft)
Allowable development	Residential
Tenure	99 years
Tendered price	$524,300,800 — $1,338 per square foot per plot ratio
Date of award	16 October 2025
URA expected completion	2030

Source: Urban Redevelopment Authority, October 2025.

City-fringe location, suburban land rate

This is the part worth pausing on. Dorset Road is a genuinely central address — walking distance to Farrer Park station, a short ride to Orchard or the CBD — and the land went for $1,338 psf ppr.

Site	District	psf ppr
Kallang Close	D12	$1,415
Dorset Road	D8	$1,338
Bedok Rise	D16	$1,330
Bayshore Drive	D16	$1,323

Awarded land rates from the URA media releases for each site.

A District 8 parcel changed hands for about the same rate as the eastern suburban sites — and below Kallang Close, one district over. Location and land rate are not the same thing, and this tender is a clean illustration of it.

The plot ratio is about 3.5, so this will be a denser, taller development than the eastern sites it is priced alongside.

What I would take from this

If you are buying near town but priced out of District 9, this is the pocket worth knowing. The land under it cost what Bedok land costs.

If you own around Farrer Park or Little India, a developer has committed $524 million to the neighbourhood — meaningful new supply in an area that mostly gets conservation-scale projects, like Chitty Road down the street.

If you are comparing city-fringe options, note the rate rather than the postcode. No launch date or developer price has been published, and this post does not estimate either.

Common questions

Who won the Dorset Road site?

United Venture Development (2022) Pte. Ltd., at $524,300,800 — about $1,338 per square foot per plot ratio. The award was announced on 16 October 2025.

How big is the Dorset Road site?

10,399.0 square metres of land with a maximum gross floor area of 36,397 square metres (391,774 sq ft), on a 99-year lease, for residential use — a plot ratio of about 3.5.

Is $1,338 psf ppr expensive for District 8?

It is close to the eastern suburban awards — Bedok Rise at about $1,330 and Bayshore Drive at about $1,323 — and below Kallang Close in District 12 at about $1,415, despite Dorset Road being a more central address.