Updates:
2 June 2022 – UOL and SingLand JV submit highest bid of $1,318 psf ppr for Pine Grove Parcel A News This site at Pine Grove Parcel A will be developed into a 520-unit residential project.
Pinetree Hill 松岩轩 Project Details
Address
Ulu Pandan Road
District
21
Developer
Tenure of Land
99 years lease
Site Area
22,534.7 m²
Maximum Gross Floor Area
Plot Ratio
2.1
No of Units
~520 units
Pinetree Hill 松岩轩 (Parcel A) is nestled within the residential enclave at the Ulu Pandan area, next to the Pandan Valley condominium. This condo is within 1km from Henry Park Primary School, one of the more popular primary schools in Singapore. The educational cluster at Dover and Kent Ridge, including Singapore Polytechnic and NUS, is also within a short drive from this development.
Pinetree Hill site is the first of two new residential plots in the Pandan Valley locality that will inject more buzz to this estate. The land parcel – which can yield about 520 dwelling units – is situated along Ulu Pandan Road and has a site area of 22,534.7 sq m and a maximum gross floor area (GFA) of 47,323 sq m.
Sitting adjacent to this site is a reserve list Government Land Sales – Pine Grove (Parcel B) – which will yield 565 units. In total, these two sites will add more than 1,085 new homes to the area, injecting a new lease of life to the neighbourhood.
United Venture Development Pte. Ltd. – a 80:20 joint venture between UOL Group and Singapore Land Group (SingLand) – has placed the top bid for the plot in June 2022. Its bid of $617.5 million for the site works out to a land rate of $1,318 per square foot per plot ratio (psf ppr). As there have not been many private residential launches in the area in recent years, this site should spark interest among buyers who are looking for a home situated in the city fringe.
Sites For Application (Parcel B)




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