Government Land Sales

SINGAPORE PROPERTY

Top bid for Dairy Farm condo site is 5.7% lower than that for nearby plot sold a year ago

The S$427 million or S$962 psf ppr offer is from a consortium comprising ABR, LWH, Macly Capital and Roxy Pacific

The 99-year leasehold plot along Woodlands Drive 17 can accommodate around 560 homes. It sits on a 26,979.9 square metre plot. 

Second Woodlands EC site sets record with top bid of S$794 psf ppr from Sim Lian

The offer is 1.5% higher than the previous EC benchmark of S$782 psf ppr for a nearby site last August

The new Town Hall Link white site has the critical mass needed to catalyse the next phase of Jurong Lake District's development.
THE LEVEL GROUND

Expect carved-out Jurong Lake District site to draw warm response from developers

Town Hall Link white site is expected to be made available in March 2026

The reduced supply comes amid rising industrial rents; the rental index for industrial spaces rose 2.3% in Q3 2025, according to JTC data.

Government launches 11.1 ha of industrial land for H1 2026 amid rising rents

Six sites on the confirmed list have a total area of 8.58 ha

The tender for a mixed-use site in Hougang Central drew three bids.

CapitaLand, UOL consortium puts in top bid of S$1.5 billion or S$1,179 psf ppr for Hougang mega project

Based on the land rate, analysts expect the new homes to be priced at S$2,500 to S$2,600 psf or even higher

The Dunearn Road government land sales site (in orange) is the second to be released for the upcoming Bukit Timah Turf City housing estate.
SINGAPORE PROPERTY

URA releases three private residential sites for sale in Lentor, Kallang, Dunearn

The Dunearn Road site is the second to be released for the upcoming Bukit Timah Turf City housing estate

Amid strong new condo sales in H2 2025, trimming new housing supply from confirmed list sites in the H1 2026 GLS programme may be counter-intuitive.
THE LEVEL GROUND

Should the government have boosted housing supply in its H1 2026 land sales programme?

More supply could help meet robust demand from homebuyers and developers, moderate prices and generate more economic activity

The Jurong Lake District master-developer site will be carved into smaller plots, among which is a new white site in Town Hall Link.

10 new sites, including Jurong Lake District carve-out, up for sale in H1 2026 GLS programme

Supply from the confirmed list consists of 4,575 private homes, including 635 executive condominium units and 22,500 sq m of commercial space

Among the 10 new sites unveiled on Tuesday, there are two executive condominium sites in Canberra and Sembawang.

Bayshore, Berlayar and Newton plots among 10 new housing sites up for sale; two EC parcels also available 

On the reserve list is a Town Hall Link plot, carved out of the Jurong Lake District master-developer site

The state-land site in Bedok Rise is expected to yield some 380 private homes.
SINGAPORE PROPERTY

Bedok Rise site draws 10 bids, topped by Allgreen Properties’ S$1,330 psf ppr

Top bid is higher than expected, and comes after Bayshore parcel was sold for S$1,388 psf earlier this year