2018 Government Land Sales Reserved List

Chong Kuo Road site is expected to yield 80 units with an average size of 648 sqft. The site is close to a wide array of eating establishments in Sembawang area as well as Springleaf Nature Park, making it an ideal residential location.

The site at Handy Road promises a prime residential development adjacent to Dhoby Ghaut MRT station. The average unit size is 890 sq ft for the estimated 130 residential units.

Close proximity to Orchard shopping belt and the art district will draw competitive bids from developers in the luxurious home market.

Hillview Rise site will deliver a larger-scale residential development with and estimated 535 units of average 645 sq ft. Nestled in an established residential area, the site is close to Hillview MRT, HillV2 Shopping Mall and other amenities.

The only site under Reserved List, West Coast Vale, was recently triggered in December.

The plot is expected to yield 730 residential units, with the main target customers being HDB upgraders and investors in the Clementi precinct.

8 residential sites released under 2018 Government Land Sales Reserved List

Bartley Road site is expected to yield 115 residential units of average size 740 sq ft.

With easy access to Bartley MRT,  Bartley Secondary School and Maris Stella High School, the site has the potential to become the prime residential site in the area considering the lack of supply with nearby industrial buildings.

Yishun Avenue 9 is expected to be a large-scale residential project with 805 units of average size 645 sq ft.

Despite being located at an established residential estate, the site faces several constraints such as inaccessibility and lack of amenities. Yet, the lack of private housing in the area might still spark demand from developers.

Similarly, Canberra Drive site will also yield 765 units of similar average size. Its favourable location with close proximity to upcoming Canberra MRT, Jalan Memuning Park and Sembawang Shopping Centre will be the main selling point for this plot.

Sims Drive will yield 680 housing units located at the heart of Aljunied area, close to Geylang Methodist School and James Cook University. The neighbourhood is robust with plenty renowned eating establishments and markets.

The site at Clementi Avenue 1 will be hotly contested with its prime location near prestigious educational institutions such as Nan Hua High School, NUS and Singapore Polytechnic as well as a wide array of amenities in the established district. The site will yield 640 spacious units of 885 sq ft on average.

The only site in the Core City Region, Peck Seah Road, is one of the most attractive sites in 1H 2018 GLS programme.  

Developers can expect to charge a premium for this location with proximity to the CBD, famous dining spots and cultural enclave. The 4,500 sqm allowable for commercial space opens the potential for the site to be a sought-after mixed-use development with 700 units of average size 875 sq ft.

Tampines Avenue 10 site and Anchorvale Crescent site are reserved for EC.

Located near Cheng Lim LRT station on the Sengkang LRT line, Anchorvale Crescent site is estimated to yield 540 units of 860 sq ft on average.    

Tampines Avenue 10 site will yield 715 units of similar size. At an established residential area, the site has accessibility to numerous schools such as Junyuan Secondary School, Springfield Secondary School and Temasek Polytechnic.

Given the strong demand for EC, the release of these two sites will guarantee to satisfy developer’s growing appetite for this class of property.

To learn more about the Government Land Sales, check out srx.com.sg/new-land-sales