Government Land Sales

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

The 99-year leasehold private-housing site next to Newton MRT station can generate about 340 homes.
SINGAPORE PROPERTY

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

The 147,350 sq ft plot can yield about 745 private homes.
SINGAPORE PROPERTY

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

The Upper Thomson Road (Parcel B) state land site garnered five bids at a tender which closed on Oct 23.

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

Despite an uncertain economic outlook, recent major new condo launches have seen hot sales.
THE LEVEL GROUND

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 

The 26,979.9 square metre plot along Woodlands Drive 17 now up for tender is part of the H2 government land sales programme.

Second Woodlands executive condo plot released for tender

It is in the vicinity of Woodlands South MRT station