The Urban Redevelopment Authority has just launched the land tender for a site at Bedok Rise under the Confirmed List of the 2H2025 Government Land Sales (GLS) programme. The site can yield approximately 380 units, and the tender for this site will close on 27 November 2025.

The site is well-located, just across from Tanah Merah MRT station which will boost connectivity for future residents. The site is also close to major employment hubs such as Changi Airport and Changi Business Park, which may draw attention from investors who wish to rent out units here for income. Residents will be served by the shops at the upcoming commercial space in Sceneca Square, which is part of the mixed development Sceneca Residence. The site is also near various schools, including Anglican High School, Bedok View Secondary School, Bedok South Secondary School, and Temasek Primary School, which would likely make the future project here popular with families.

It has been some time since the last GLS site was released in the near vicinity. The nearest land parcel was the site at Tanah Merah Kechil Link, just across the road from this Bedok Rise plot, that was awarded in November 2020 at a land rate of S$930 psf ppr. That site is now the project Sceneca Residence, which has limited remaining units available. 15 bids were submitted for that land parcel, indicating strong interest in that parcel. More recently, a site at Bayshore Road was awarded at a land rate of S$1,388 psf ppr in March 2025. The site was also keenly contested with eight bids submitted. With limited unsold new homes available in the Tanah Merah area, there could be healthy demand for new private homes which may draw keen interest from developers to bid for this land. Moreover, overall median prices psf for private non-landed homes in D16 has appreciated over the years, growing by 45.3 per cent from S$1,126 psf in 2020 to S$1,636 in the first eight months of 2025. This may appeal to homebuyers looking for assets that have good growth potential.

Given the excellent location of the land parcel, we expect between four and seven bids in this tender exercise at an estimated highest land rate of S$1,200 to S$1,300 psf ppr.