• Frasers Centrepoint Trust joined a consortium that lodged the top bid for the 99-year Bayshore Drive integrated GLS site at S$ 2.1 billion.
• Bid equates to S$ 1,323 per sq ft per plot ratio, 5.8% above the second-highest offer; tender remains subject to government confirmation.
• Site spans 57,460.6 sq m with maximum gross floor area of 149,398 sq m; development targets up to 1,280 homes.
• Planned commercial component totals about 22,500 sq m, including a retail mall of 22,100 sq m gross floor area.
• Retail component would be developed and fully owned by FCT, Sunway MCL, Sekisui House; residential portion to be developed by other partners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frasers Centrepoint Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TA0ZWVW1FK7FWQ0O) on July 15, 2026, and is solely responsible for the information contained therein.