Government Land Sales
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
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
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
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
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
Plum Newton site garners 8 bids, topped by HH Investment at S$566.29 million or S$1,820 psf ppr
The top bid is higher than the S$1,300 to S$1,600 psf ppr predicted by analysts polled by The Business Times
Kingsford places top bid of S$918.3 million or S$1,326 psf ppr for first condo plot on former Keppel Club site
Plot draws just two other bids; big quantum seen to have kept some bidders away
Wee Hur tops 5 bids with S$613.9 million or S$1,062 psf ppr offer for Upper Thomson condo site
Interest in the tender follows strong take-up at Springleaf Residence being built next door
Hot sales at new condo launches can be too much of a good thing for developers
Increasing risks include fierce bidding for land and government action
Second Woodlands executive condo plot released for tender
It is in the vicinity of Woodlands South MRT station