The Dunearn Road GLS site, located close to Sixth Avenue MRT. (Photo: EdgeProp Landlens)
URA has released four government land sale (GLS) sites under the 2H2025 GLS programme. Three of the sites are 99-year leasehold residential plots under the Confirmed List that have been launched for sale by tender. Located at Lentor Central, Kallang Close and Dunearn Road, the sites can yield approximately 560, 470 and 330 units respectively.
The fourth site, located at Telok Ayer Street, is a hotel site that is available for application under the Reserve List. The 99-year leasehold site can potentially yield 440 hotel rooms and 135 long-stay serviced apartments.
The site at Dunearn Road measures 204,962 sq ft. Zoned for residential use with commercial at the first storey, the site can yield about 330 housing units and about 15,069 sq ft of commercial space. It has a maximum height of ten storeys, capped at five storeys for low-rise zones.
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This is the second GLS site released for sale in the new Turf City housing estate, notes Mark Yip, CEO of Huttons Asia. It is adjacent to the first plot, also on Dunearn Road, which was sold in July to a consortium comprising Frasers Property, Sekisui House and CSC Land. The consortium submitted the highest of nine bids for the site, at $491.45 million, or $1,410 psf per plot ratio (ppr). The site could be developed into a 380-unit residential project.
Both Dunearn Road GLS sites are within walking distance of Sixth Avenue MRT Station on the Downtown Line. They are also near the upcoming Turf City MRT Station on the Cross Island Line, which is expected to be completed in 2032.
Not far from the Dunearn Road sites, a GLS site at Holland Link was also sold earlier this year. In July, Sim Lian Group submitted the top bid of $368.37 million ($1,432 psf ppr) for the site, beating four other bidders. The Holland Link site can yield about 230 housing units.
Next to the Holland Link site is another GLS plot at Holland Plain, which can yield approximately 280 units. The site, which sits under the Confirmed List of the 1H2026 GLS Programme, is expected to be launched for sale in February next year.
The four sites will add around 1,225 new housing units in the area, notes Huttons’ Yip. “Based on past experiences where there were multiple launches, selling prices of homes were range-bound,” he adds.
To that end, he expects the Dunearn Road site to attract bids similar to the recent GLS tenders. He anticipates four to seven bidders for the plot, with a top bid between $1,350 to $1,450 psf ppr.
The tender for the Dunearn Road site will close on April 28, at noon.
The site at Kallang Close measures 123,320 sq ft and can yield 470 residential units. Located off Kallang Avenue, the site fronts the Kallang River. It is within walking distance of Kallang MRT Station (East-West Line) and Bendemeer MRT Station (Downtown Line).
Screenshot of the Kallang Close GLS site (Photo: EdgeProp Landlens)
As such, he anticipates the Kallang Close site to see similar interest, though bid prices may be more moderate, considering that the site is surrounded by industrial estates that are in early stages of redevelopment. He predicts four to seven bidders for the site, with a top land rate of $1,200 to $1,300 psf ppr.
The tender for the Kallang Close site will end on April 7 at noon.
The Lentor Central site spans 171,428 sq ft and is zoned for residential use. It can yield about 560 units. The site is a short walk away from Lentor MRT station (Thomson East-Coast Line).
Screenshot of Lentor Central GLS site (Photo: EdgeProp Landlens)
The Telok Ayer Street site spans 45,072 sq ft. Zoned for hotel use, the site includes a Long-Stay Serviced Apartments (SA2) requirement of at least 66,736 sq ft in gross floor area. According to URA, the plot can accommodate about 440 hotel rooms and 135 SA2 units.
Screenshot of Telok Ayer Street GLS site (Photo: EdgeProp Landlens)