Homebuyers showed up in force at multiple launch weekends, from mass-market Outside Central Region projects to Rest of Central Region city-fringe launches and select Core Central Region offerings (Photo: Samuel Isaac Chua/EdgeProp Singapore)
2025 was a big year for Singapore’s property market. Home buyers showed up in force at multiple launch weekends, from mass-market Outside Central Region (OCR) projects to Rest of Central Region (RCR) city-fringe launches and select Core Central Region (CCR) offerings. Executive condominiums (ECs) continued to be a standout segment, with strong sell-down rates reinforcing the depth of upgrader demand.
On the land supply front, the Government Land Sales (GLS) programme delivered a steady pipeline and a clear signal: well-located sites still draw competition, especially those tied to new or transforming precincts. Bidding interest clustered around parcels with strong connectivity and placemaking potential — including one-north, the emerging Bayshore neighbourhood, and the first private residential site at the future Bukit Timah Turf City precinct.
Mixed-use sites also took centre stage, reflecting the state’s push for integrated town-centre anchors that blend homes, retail and community functions. At the same time, a no-bid tender for one GLS parcel – Media Circle (Parcel B) -- was a timely reminder that developers remain disciplined on risk and pricing.
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Public housing remained an important counterpoint. HDB’s Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercises drew heavy application volumes, with Prime city-fringe projects consistently the most hotly contested, highlighting enduring demand for centrality and amenities.
Government policy also shaped the narrative. The government revised Seller’s Stamp Duty, restoring a four-year holding period and higher rates to curb speculative churn, while introducing new regulations to strengthen safeguards for private homebuyers — including clearer disclosures and enhanced transparency around quality benchmarks.
Together, these milestones set the tone for 2026: a market still active but increasingly defined by selectivity, higher land prices and more stringent buyer protections.
Jan 14
The tender for two Government Land Sale (GLS) sites closed on the same day.
One of them is the Tengah Gardens Avenue GLS, which closed with three bids. A Hong Leong Holdings-led consortium, including GuocoLand and CSC Land Group, submitted the top bid of $675 million, or $821 psf per plot ratio (ppr). The 99-year leasehold 273,906 sq ft site can be developed into an 860-unit residential project.
A consortium comprising developers Santarli Realty and Apex Asia Development, as well as construction companies Soon Li Heng Civil Engineering and Kay Kim Realty, submitted the top bid of $504.52 million ($1,020 psf ppr) for a GLS site at Dairy Farm Walk. The 99-year leasehold, 235,448 sq ft site closed with two bids received. The OCR site can be developed into 540 units.
Jan 18-19
Three new projects were officially launched on the same weekend. One was the 113-unit, freehold Bagnall Haus at Upper East Coast Road in District 16. The OCR project is a redevelopment of Bagnall Court, which was purchased en bloc by a consortium led by Roxy-Pacific Holdings. During the weekend, 71 units (63%) were sold at an average price of $2,490 psf. As at Dec 31, a total of 101 units (over 89%) were taken up.
Read also: Suburban projects, mixed-use developments take centrestage in new launches of 2026
The second project was the 777-unit The Orie, a 99-year leasehold condo by City Developments (CDL), Frasers Property and Sekisui House on Lorong 1 Toa Payoh in the RCR. The first weekend saw 86% of the units sold at an average of $2,704 psf. A total of 734 units (94.5%) were taken up as at Dec 31, based on caveats lodged.
The third launch was The Collective at One Sophia, the 367-unit residential component of the One Sophia mixed-use development (former Peace Mansion and Peace Centre site) in prime District 9 (CCR). Soft-launched in November 2024, the 99-year leasehold project was officially launched over the weekend of Jan 18-19. As at Dec 31, 22 units were sold at an average of $2,752 psf.
GuocoLand submitted $627.85 million ($1,420 psf ppr) for River Valley Green (Parcel B). It was at the top of five bids received (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Feb 7
GuocoLand submitted the top of five bids for River Valley Green (Parcel B), a GLS site in District 9 within the CCR. GuocoLand’s bid was $627.84 million ($1,420 psf ppr). The 99-year leasehold site will be developed into the upcoming 455-unit River Modern.
Feb 10
HDB launched 10,662 flats for sale under the February 2025 Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises. Another 5,590 SBF units were offered for sale in the largest SBF exercise to date.
Over 13,200 applications were received for the BTO units, with an overall application rate of 2.6 times the number of units. The combined BTO and SBF exercises attracted over 36,000 applicants.
The BTO projects in the city-fringe estates were the most popular. The most oversubscribed were the four-room flats in Tanjong Rhu Parc Front (Kallang/Whampoa) under the Prime category.
The 1,193-unit Parktown Residences saw over 87% of the units sold on launch weekend at an average price of $2,360 psf (Photo: UOL Group, Singapore Land Group and CapitaLand)
Feb 22-23
Two 99-year leasehold residential projects in the OCR were launched. One was the only mega project (1,000 units and above) launched this year: the 1,193-unit ParkTown Residence at Tampines Street 62.
The developers, UOL Group, Singapore Land (SingLand) Group and CapitaLand Development, sold 1,041 units (over 87%) that weekend at an average of $2,360 psf. As at Dec 31, 1,115 units (93.5%) were taken up.
The same weekend saw the launch of the 501-unit Elta at Clementi Avenue 1. The joint venture (JV) project between MCL Land and CSC Land Group saw 326 units (65%) sold at an average price of $2,537 psf. About 71% (356 units) have been sold as at Dec 31.
Mar 4
The GLS tender for Media Circle (Parcel A) at one-north closed with three bids received. The top bid of $315 million ($1,037 psf ppr) came from a consortium comprising Qingjian Realty, Forsea Holdings and minority investor Hoovasun Holding. The 82,125 sq ft, 99-year leasehold site will be developed into a 327-unit residential project with commercial space on the first level.
Mar 8-9
Three new 99-year leasehold projects were launched this weekend. One was Aurea, the 188-unit luxury apartment tower by a Far East Organization-Perennial Holdings JV. A total of 23 units were sold at an average price of $3,005 psf that weekend. As at Dec 31, 39 units at the mixed-use development in the CCR were taken up, based on caveats lodged.
At the adjacent The Golden Mile mixed-use commercial development, the conserved former Golden Mile Complex, three 99-year leasehold strata-titled office suites were sold at prices ranging from $3.15 million ($3,484 psf) to $4.76 million ($3,683 psf), based on caveats lodged.
The 477-unit Lentor Central Residences was 93% sold on launch weekend at an average of $2,200 psf (Photo: Hong Leong/GuocoLand/CSC Land Group)
The second project launch was the 477-unit Lentor Central Residences by Hong Leong Holdings, GuocoLand and CSC Land Group. It was the sixth residential project launched at the private Lentor Hills estate. About 93% of the units were taken up at an average of $2,200 psf at launch. The project was fully sold as at Nov 17.
The same weekend saw the launch of the 760-unit Aurelle of Tampines EC by Sim Lian Group. A total of 682 units (90%) were sold at an average price of $1,766 psf. The project was fully taken up a month later.
A JV between SingHaiyi Group and Haiyi Holdings submitted the top bid of $658.89 million ($1,388 psf ppr) for the first private housing site in the upcoming Bayshore precinct (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Mar 18
The tender for the first private housing site in the upcoming Bayshore precinct closed with eight bids. A JV between SingHaiyi Group and Haiyi Holdings submitted the top bid of $658.89 million ($1,388 psf ppr).
The 99-year leasehold GLS site on Bayshore Road spans 112,992 sq ft and is situated next to the Bayshore MRT Station (Thomson-East Coast Line). The new project by SingHaiyi is estimated to have 518 units. The project in District 16 is part of the OCR.
Apr 2
US President Trump proclaimed the most sweeping tariff hike since 1930. A universal 10% tariff was imposed on all imported goods, effective from April 5, 2025, followed by further tariffs on dozens of named countries.
Apr 3
The tender for the 222,161 sq ft Lentor Gardens GLS site closed with two bids. Kingsford Group submitted the top bid of $429.23 million ($920 psf ppr). The site can be developed into a new 502-unit, 99-year leasehold condo project in the private Lentor Hills estate in District 26, OCR.
Developer Kheng Leong has sold 13 of the 18 units at 21 Anderson since its launch in April (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Apr 12-13
Kheng Leong Co. launched its luxury development, the freehold 21 Anderson. The project is a refurbishment of the former 21 Anderson serviced apartment block in prime District 10 in the CCR.
Of the 18 units in the freehold luxury condo, 13 have been sold as at Dec 31, with one of the two-bedroom units sold for $9.43 million, and four-bedroom units sold at prices from $20.97 million ($4,672 psf) to $24 million ($5,347 psf). The two 10,452 sq ft penthouses in the project have been sold for $52.25 million each.
The 358-unit, 99-year Bloomsbury Residences is over 66.2% sold since its launch at an average of $2,511 psf (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Qingjian Realty and JV partner Forsea Holdings sold 90 units (25.1%) of the 358-unit, 99-year Bloomsbury Residences at Media Circle in one-north. Based on caveats lodged, as at Dec 31, 237 units (66.2%) have been taken up at an average price of $2,511 psf.
Another project launched that same weekend was Kingsford Group’s 937-unit One Marina Gardens, located next to Gardens by the Bay. It was also the first project to be launched in Marina South. The first weekend saw 353 units (38%) taken up at an average price of $2,953 psf. As at Dec 31, about 554 units (59%) have been sold at an average price of $2,961 psf.
Apr 29
The tender for the Media Circle (Parcel B) GLS site in one-north closed without receiving any bids. The 99-year leasehold site, zoned for residential use with commercial at the first storey, can potentially yield about 500 residences.
Jun 3
The tender for the Lakeside Drive GLS site drew six bids. CDL submitted the top bid of $608 million ($1,132 psf ppr). CDL is proposing to develop the 145,314 sq ft site into a 575-unit residential project with a ground-floor retail podium. The project is adjacent to Lakeside MRT Station on the East-West Line.
To date, 24 units at the 107-unit Arina East Residences have been taken up at an average of $3,005 psf (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Jun 7-8
The 107-unit freehold Arina East Residences was offered for sale through the placement of units by a JV comprising ZACD Group, Welltech Construction (a subsidiary of Qingjian Group), and FRX Capital. A total of 10 units were sold by placement on the first day. To date, 24 units (over 22%) have been taken up at an average of $3,005 psf. The project is located at Tanjong Rhu in prime District 15 of the RCR, and is a redevelopment of the former La Ville en bloc site.
A consortium comprising Frasers Property, Sekisui House and CSC Land Group submitted a bid of $491.45 million ($1,410 psf ppr) for a site on Dunearn Road, the first development site at the upcoming Bukit Timah Turf City precinct (Map: EdgeProp Landlens)
Jun 26
A consortium comprising Frasers Property, Sekisui House and CSC Land Group submitted a bid of $491.45 million ($1,410 psf ppr) for a 145,173 sq ft, 99-year leasehold site on Dunearn Road. The offer was at the top of nine bids received.
The new 335-unit private residential project is the first site offered for sale in the future Bukit Timah Turf City precinct in prime District 11 of the CCR.
Jun 28-29
Far East Organization launched the 105-unit freehold Amber House. The project is a redevelopment of the former Amber Glades at Amber Gardens in District 15, in the RCR. As at Dec 31, the project is 62% (65 units) sold at an average of $3,022 psf, based on caveats lodged.
The Singapore High Court approved the $810 million collective sale of Thomson View Condominium to CapitaLand Development and UOL Group (Photo: ETC/Realion Group)
Jul 1
The Singapore High Court approved the $810 million collective sale of Thomson View Condominium to CapitaLand Development and UOL Group. The developers’ purchase of the 255-unit, 99-year leasehold condo on Bright Hill Drive had been put on hold since March due to objections from minority owners.
UOL and CapitaLand intend to develop the project into a new 1,240-unit private residential project.
Jul 3
The government revised the Seller’s Stamp Duty (SSD) for private residential property, increasing the holding period back to four years from July 4, up from three years previously. The SSD was also increased to 16% for those selling the property after holding it for just a year, 12% for those holding it for up to two years, 8% for three years, and 4% for four years.
In 2017, the SSD period was reduced from four to three years. The SSD rate was also cut by 4% for each tier of the holding period. In July 2025, the government reverted to the pre-2017 holding period and SSD rates after a significant increase in sub-sales of units (units that changed hands in the secondary market before completion).
CapitaLand’s 343-unit Lyndenwoods at Science Park Drive was 94.5% sold at launch (Photo: CapitaLand Development)
Jul 12-13
CapitaLand Development launched the 343-unit Lyndenwoods, a redevelopment of the former Defence Science and Technology Agency (DSTA) headquarters at Science Park Drive. The 99-year leasehold residential project sold 324 units (94.5%) at an average price of $2,450 psf on the first weekend. To date, 341 units (99.4%) have been sold, with just two remaining.
Jul 19-20
Three residential projects were launched that weekend: Otto Place, The Robertson Opus and UpperHouse at Orchard Boulevard.
Otto Place, the 600-unit EC at Tengah Plantation Close, was launched by a JV between Hoi Hup Realty and Sunway Developments. A total of 351 units (59%) were sold at an average price of $1,750 psf on launch day. The project is close to 98% sold (586 units) at an average of $1,757 psf, based on caveats lodged as at Dec 31.
In prime District 9 in the CCR, a Frasers Property-Sekisui House JV launched the 999-year, 348-unit The Robertson Opus. It is a redevelopment of the former Robertson Walk retail mall and Fraser Place Robertson serviced apartments. The first weekend saw 143 units (41%) sold. As at Dec 31, nearly 56% (194 units) were taken up at an average of $3,366 psf.
About 217 units at the 301-unit UpperHouse at Orchard Boulevard have been sold at an average of $3,366 psf, based on caveats lodged as at Dec 31 (Photo: UOL Group.SingLand)
The private sale of the 301-unit UpperHouse at Orchard Boulevard in prime District 10, CCR, also took place over the weekend, with 162 units (54%) taken up. As at Dec 31, about 217 units (72%) are taken up at an average of $3,366 psf, based on caveats lodged.
Jul 23
HDB launched 10,209 flats for sale under the July 2025 BTO and SBF exercises. This includes 5,547 BTO flats offered across eight projects in Bukit Merah, Bukit Panjang, Clementi, Sembawang, Tampines, Toa Payoh and Woodlands.
The Prime projects in Bukit Merah, Clementi, and Toa Payoh were highly sought after, with Toa Payoh Ascent receiving over 6,000 applicants for 741 units, or more than eight times oversubscribed.
Jul 29
Sim Lian Group submits the top bid of $368.38 million ($1,432 psf ppr) for a GLS site at Holland Link. The 99-year leasehold site in the CCR, which drew five bids, can yield about 230 residences.
A total of 460 units (88%) at the 524-unit River Green were sold at an average price of $3,130 psf at launch (Photo: Wing Tai Holdings)
Aug 2-3
Three residential projects were launched that weekend. One was the 524-unit, 99-year leasehold River Green by Wing Tai Holdings. A total of 460 units (88%) were sold at an average price of $3,130 psf at launch. Close to 92% (481 units) of the project in prime District 9 of the CCR were taken up as at Dec 31.
The 596-unit, 99-year leasehold Promenade Peak by Allgreen Properties saw 320 units (54%) sold at an average of $3,343 psf. Since then, the project has sold over 64% (383 units) at an average of $3,016 psf as at Dec 31. The project is located at Zion Promenade in District 3 of the RCR.
A JV between Kheng Leong Co. and Low Keng Huat launched the 376-unit, 99-year Canberra Crescent Residences in the OCR. Over the weekend, 150 units (40%) were sold at an average of $1,974 psf. Close to 78% (292 units) in the OCR project were taken up at an average price of $1,982 psf as at Dec 31.
CDL submitted the highest of five bids for the Woodlands Drive 17 site at $380.9 million, or $782 psf ppr, setting a new psf price record for EC sites (Map: EdgeProp Landlens)
Aug 5
The GLS tenders for two EC sites at Senja Close and Woodlands Drive 17 have closed, with CDL emerging as the top bidder for both.
CDL submitted the highest of five bids for the Senja Close site at $252.899 million ($771 psf ppr). It is developing a 306-unit EC at the plot in Bukit Panjang.
It also submitted the highest of five bids for the Woodlands Drive 17 site at $380.9 million, or $782 psf ppr, setting a new psf price record for EC sites. The site can yield about 420 units.
The 941-unit Springleaf Residence sold over 92% (870 units) of the project at an average of $2,175 psf (Photo: GuocoLand and Hong Leong Holdings)
Aug 16-17
Joint developers GuocoLand and Hong Leong sold 870 (92%) of the 941 units at the 99-year leasehold Springleaf Residence during the launch weekend. The average price achieved was $2,175 psf. As at Dec 31, about 96% (904 units) of the project on Upper Thomson Road, OCR have been taken up.
Aug 21
Apex Asia Management Group sold 11 of the 34 apartments and five of the eight ground-floor shop units at Artisan 8 within 2.5 hours on launch day. The freehold mixed-use project is a redevelopment of the former Sin Ming Centre at Upper Thomson. To date, 19 apartments (56%) were taken up at an average price of $2,360 psf.
Aug 27
Privately held property developer Macly Group, founded by Herman Chang, bought the freehold Chiku Mansions for $22 million ($1,180 psf ppr) at the close of the tender. The four-storey walk-up block with just nine apartments was completed in 1983. No land betterment charge is payable for the site located near Joo Chiat in District 15 or the RCR.
Aug 29
In its latest revision of land betterment charge (LBC) rates for the six-month period from Sept 1, 2025, to Feb 28, 2026, the Singapore Land Authority has raised rates for the B2 (residential, non-landed) use group by an average of 0.7%.
LBC rates were increased in several areas, including Bayshore, Marine Parade and Serangoon, where a number of sites have been sold under the Government Land Sales programme. The adjustments were aimed at catching up with recent increases in land prices.
The 65:35 JV between Sing Holdings and Sunway Developments won two GLS sites at Chuan Grove, and intends to amalgamate the two parcels and to develop a new mega project of 1,055 units (Map: EdgeProp Landlens)
Sept 10
The 65:35 JV between Sing Holdings and Sunway Developments submitted the highest bid of $623.9 million ($1,331 psf ppr) for the second GLS site at Chuan Grove. The tender closed on Sep 4 with five bids.
The tender for the first GLS site at Chuan Grove closed on Jul 8, with seven bids. Sing Holdings and Sunway Developments were also the top bidders for the site with a bid of $703.6 million ($1,376 psf ppr).
The JV partners announced on Sep 10 that they intend to amalgamate the two land parcels and to develop a new mega project of 1,055 units.
Evia Real Estate, together with JV partners Gamuda Land and Ho Lee Group, bid $1.012 billion, or $980 psf ppr, for the mixed-use GLS site at the new Chencharu Town, which can yield about 875 private residential units and 135,627 sq ft of commercial space (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Sept 11
The tenders for two GLS sites closed. One of these was for the first mixed-use development in Chencharu, a new housing estate in Yishun Town. Evia Real Estate, together with JV partners Gamuda Land and Ho Lee Group, had the highest bid of $1.012 billion, or $980 psf ppr, beating two other bidders.
The 99-year leasehold site on Chencharu Close can yield about 875 private residential units and 135,627 sq ft of commercial space.
The other tender was for an EC plot on Sembawang Road. Oriental Pacific Holdings, founded by Jane Lam (formerly of JBE Holdings), submitted the top bid of $198 million ($692 psf ppr) for the site, which can yield about 265 units.
Lee Tong Voon, former COO of MCL Land, has been appointed CEO of Sunway MCL (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Sept 16
Malaysian property developer Sunway Group acquired Hongkong Land’s Singapore property arm MCL Land for $738.7 million (RM2.42 billion). This was followed by the Oct 31 announcement that Sunway’s Singapore operations will operate under the name of Sunway MCL. Former MCL Land COO Lee Tong Voon was appointed CEO of the new Sunway MCL.
Oct 9
The tender for the GLS site at Dorset Road received nine bids. The 60:20:20 JV of UOL, SingLand, and Kheng Leong Co., submitted the top bid of $524.3 million ($1,338 psf ppr).
The site will be developed into a 428-unit, 99-year leasehold project comprising twin 27-storey residential towers.
UOL and CapitaLand Development sold 658 (99%) of the 666 units at Skye at Holland on the first day of launch at an average price of $2,953 psf
(Photo: UOL Group, CapitaLand, Singapore Land Group and Kheng Leong Co.)
Oct 11-12
UOL and CapitaLand Development sold 658 (99%) of the 666 units at Skye at Holland on the first day of launch. The average sale price was $2,953 psf. The 99-year leasehold project is located in prime District 10, next door to the mall at One Holland Village and the Holland Village MRT Station. The project is 99.4% sold, with just DOUE units available as at Dec 31.
Oct 18-19
Two 99-year leasehold private residential projects were launched this weekend: the 462-unit Penrith at Margaret Drive and the 399-unit Faber Residence at Faber Walk, off Jalan Lempeng and Clementi Avenue 6.
At Penrith, in the RCR, joint developers Hong Leong Holdings, Hong Realty, and GuocoLand moved 448 units (97%) at an average price of $2,804 psf, based on caveats lodged as at Dec 31.
Faber Residence, a JV between GuocoLand and Hong Leong Holdings, saw 344 units (86%) taken up over the launch weekend at an average price of $2,160 psf. As at Dec 31, nearly 90.5% (361 units) were sold, based on caveats lodged.
The strongest response came from the two Bukit Merah projects — Berlayar Residences at the former Keppel Club (pictured) and Redhill Peaks (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Oct 22
HDB launched 9,144 flats for sale under the October 2025 BTO exercise. As at 5pm on Oct 22, the new flats had attracted 31,095 applicants, translating to an overall application rate of 3.4 times.
The 10 BTO projects launched span Ang Mo Kio, Bedok, Bishan, Bukit Merah, Jurong East, Sengkang, Toa Payoh, and Yishun. Of these, Prime flats proved most popular, with 3,787 units drawing 15,132 applications, accounting for nearly 49% of all applications.
The strongest response came from the two Bukit Merah projects — Berlayar Residences and Redhill Peaks — which together pulled in 8,376 applications, or 55% of total Prime flat applications.
Oct 23
Wee Hur Holdings and its largest shareholder, the Goh family-controlled GSC Holdings, submitted the top bid for the 262,875 sq ft GLS site at Upper Thomson Road. The tender closed with five bids. Wee Hur’s top bid was $613.94 million ($1,062 psf ppr).
Oct 25-26
Two projects were officially launched over the weekend. One was the 683-unit W Residences Marina View – Singapore by Malaysian property giant, IOI Properties Group. It was soft-launched in July and officially launched over the weekend. As at Dec 31, five units have been taken up at an average price of $3,767 psf.
At Zyon Grand, 590 units (84%) of the 706 units in the project was sold at an average price of $3,050 psf over its launch weekend (Credit: CDL and Mitsui Fudosan)
Zyon Grand, a JV between CDL and Mitsui Fudosan (Asia), was launched over the weekend, with 590 units (84%) of the 706 units sold at an average price of $3,050 psf. As at Dec 31, over 86% (608 units) have been taken up.
The 99-year leasehold mixed-use development has twin 62-storey residential towers, a 350-unit serviced apartment block and a retail podium named Zyon Galleria. Located on Kim Seng Road in District 3 of the RCR, it is linked to Havelock MRT Station (Thomson-East Coast Line).
Kingsford Group emerged at the top of three bids for the Telok Blangah GLS site at a bid of $918.3 million ($1,326 psf ppr) [Map: URA Space]
Nov 4
Kingsford Group emerged at the top of three bids for the Telok Blangah GLS site. The bid was $918.3 million ($1,326 psf ppr). The 147,352 sq ft, 99-year leasehold site has the potential to be developed into a 745-unit residential project.
The Telok Blangah site marks the first private residential plot launched on the former Keppel Club site. The plot is also just a five-minute walk from Telok Blangah MRT Station on the Circle Line.
Nov 11
The tender for a GLS site at Bukit Timah Road closed with eight bids. The top bid came from HH Investment, which submitted an offer of $566.29 million ($1,820 psf ppr). The company is the Singapore subsidiary of Taiwan’s Huang Hsiang Construction Corp.
The 99-year leasehold site is located near Newton MRT Interchange in prime District 10. It can be developed into a new 340-unit private residential project.
Minister for National Development Chee Hong Tat introduced new regulations to strengthen safeguards for homebuyers, which will take effect next year (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Nov 13
Minister for National Development Chee Hong Tat introduced new regulations to strengthen safeguards for homebuyers. The regulations, which take effect next year, will require developers to provide clearer floor plans to help buyers make more informed purchase decisions.
Developers will also have to disclose their past Construction Quality Assessment System (CONQUAS) bandings and project track records to allow buyers to compare quality standards across developers. The government also enhanced the CONQUAS framework for private residential developments.
The defects liability period and the point at which homebuyers become liable for maintenance charges will also be extended to the 35th day after the progress payment notice is issued at the Temporary Occupation Permit (TOP) stage. It currently stands at the 15th day of TOP.
Over the weekend, the 347-unit The Sen by a JV between Sustained Land, Ho Lee Group and Greatview Development, sold 80 units by placement at an average price of $2,358 psf (Credit: Sustained Land, Ho Lee Group and Great View Development)
Nov 15-16
The final launch of 2025, The Sen — a 347-unit private condo at De Souza Avenue, off Jalan Jurong Kechil — previewed on Oct 31. The RCR project saw 80 units sold by placement over the weekend of Nov 15-16 at an average price of $2,358 psf.
The 99-year leasehold condo was developed by Sustained Land in a JV with Ho Lee Group and Greatview Development.
Nov 25
Starpoint, a freehold residential block at Pasir Panjang, was sold en bloc for $55.3 million ($1,429 psf ppr), including a land betterment charge of $20.27 million. The sale price is 10% above the reserve price of $50.5 million when it was launched for tender in September. It
The buyer is Stalford International Education, which is linked to Stalford Education Group which runs a tuition chain. The company intends to redevelop the site into a hotel, student hostel or serviced apartments, subject to obtaining the relevant approvals.
The Kuok family-controlled developer Allgreen Properties submitted the top bid of $464.8 million ($1,330 psf ppr) for the GLS site at Bedok Rise (Map: EdgeProp Landlens)
Nov 27
The Kuok family-controlled developer Allgreen Properties submitted the top bid of $464.8 million ($1,330 psf ppr), for the GLS site at Bedok Rise. The tender closed with 10 bids.
It is the last GLS land parcel fronting the Tanah Merah MRT Station (East-West Line and future interchange with Thomson-East Coast Line). The site can be developed into a new residential project with about 380 units.
On the opposite side of the road, the other GLS site linked to the Tanah Merah MRT Station received 15 bids when the tender closed at the end of October 2020. The consortium of MCC Singapore, Ekovest Developments and The Place Holdings won the site for $248.99 million ($930 psf ppr) five years ago.
The 268-unit new condo, Sceneca Residence, was launched in January 2023, with 60% units sold at an average price of $2,072 psf. The project was fully sold by early November 2025.
The Hougang Central GLS site closed with three bids at the close of the tender on Dec 16. The top bid of $1.5 billion, or $1,179 psf ppr was submitted by a joint venture comprising UOL Group, CapitaLand Development and CapitaLand Integrated Commercial Trust (Map: EdgeProp Landlens)
Dec 16
The tender for the 99-year leasehold mixed-use GLS site at Hougang Central closed with three bids. The top bid of $1.5 billion, or $1,179 per sq ft per plot ratio (psf ppr), was submitted by a joint venture comprising UOL Group, CapitaLand Development (CLD) and CapitaLand Integrated Commercial Trust (CICT).
If awarded, UOL and CLD will jointly develop the residential component of the site for sale, while CICT will develop and retain full ownership of the commercial component.
The site is envisioned as a major civic hub for community events and activities, featuring a sheltered public event space and a range of food-and-beverage offerings that will add to the area’s vibrancy. The project is expected to comprise about 830 residential units and approximately 300,000 sq ft of net lettable area of retail and lifestyle space. Once completed, it is targeted to be the largest shopping mall in Hougang and a key anchor for the precinct’s future growth.
Dec 23
The tender for the GLS site at Miltonia Close opened on Dec 23 and is scheduled to close on Apr 14, 2026. It is the second executive condominium (EC) site launched for tender under the Confirmed List of the 2H2025 GLS programme, and the fifth — and final — EC plot on the Confirmed List for the whole of 2025.
Located in the Yishun planning area, the site spans 15,451 sq m (166,315 sq ft) and has the potential to yield about 430 residential units. It is about six bus stops from Khatib MRT Station on the North-South Line, and within a 10-minute walk of several eateries.
Check out the latest listings for River Green, The Robertson Opus, Zyon Grand properties