The Urban Redevelopment Authority has just launched the tender for a white site at Town Hall Link. The site can yield approximately 1,200 residential units and around 84,000 sqm GFA of commercial space. The tender will close on 17 November 2026.

The site will be a new major mixed-use development, with a minimum of 40,000 sqm of office space and around 44,000 sqm of complementary uses, such as retail, hotel, serviced apartments, or community uses.

As the MRT network is further built out, the project here will connect to or be near four different MRT lines. Residents will have convenience at their doorsteps, surrounded by amenities, retail spots, and dining options nearby.

Limited new supply of private homes in Jurong East may make the future residential units attractive to HDB upgraders or professionals working in the area.

Jurong East has seen only three recent launches: The LakeGarden Residences (August 2023), J'den (November 2023) and SORA (July 2024). Demand remains robust, highlighted by J’den selling 88% of its units over its launch weekend. Given that The LakeGarden Residences and SORA are further from the Jurong East MRT station, there could be strong pent-up demand for future projects closer to the town centre. On the 2H2026 GLS list, the only upcoming supply of new homes in Jurong East will come from a single EC site that is set to launch for tender in December 2026.

Compared to the earlier launch of the master developer site in 2023, the government has announced that it will undertake some of the previously-required infrastructural work, and has also reduced the size of the land parcel released for sale to make the site more appealing to developers.

The government's continued efforts to promote decentralisation through infrastructure investment across Jurong Lake District will support this development's potential.

Office occupancy rates in Jurong East have generally remained healthy, and the relocation of the existing container terminals into the Tuas mega port has further increased the take-up rate for offices in the locality.  Companies looking to shift part of their non-core operations to the suburbs for greater cost efficiency may also drive office demand here, especially given the strong connectivity with four nearby MRT lines.

Nonetheless, the entire development will likely incur significant financial outlay, given the still-large GFA across the site, which may prompt developers to form joint ventures or consortiums if they wish to undertake this project.

We expect two to four bids for the site here, at a land rate of S$1,100 to S$1,200 psf ppr.