The Urban Redevelopment Authority
has just launched the land tender for three private residential sites at
Dunearn Road, Kallang Close, Lentor Central under the 2H2025 Government Land
Sales (GLS) programme. The sites can yield approximately 330 units, 470 units
and 560 units, respectively. The tender for these sites will close on 28 April 2026
(Dunearn Road), 7 April 2026 (Kallang Close) and 3 March 2026 (Lentor Central).
Dunearn Road
This is the second site released under the long-term
rejuvenation plan of Bukit Timah Turf City. The area will be transformed into a
new liveable and housing estate over the next 20 to 30 years.
The site is near the Sixth Avenue MRT station on the
Downtown Line and Bukit Timah Turf City station on the Cross Island line. The
site is within 1km of Methodist Girls’ School (Primary), and within 2km of
other primary schools such as Pei Hwa Presbyterian Primary School, Raffles
Girls’ Primary School.
Notably, this land parcel will have 1,400sqm of commercial
space on the 1st storey, bringing greater convenience to future residents here.
The first Turf City land parcel was awarded earlier this
year in July 2025 at a land rate of S$1,410 psf ppr. Nine bids were submitted
for that land parcel, indicating keen developer interest in participating in
the transformation of Turf City. However, given the substantial number of land
parcels earmarked for residential use under the Draft Master Plan 2025,
participation in the following land parcels released here may be more measured
to account for the upcoming supply.
We expect between 3 and 6 bidders for this site, at a
highest land rate of S$1,300 to S$1,400 psf ppr.
Kallang Close
The site is located near Kallang MRT station on the East-West Line and also close to amenities such as Upper Boon Keng Market and Food Centre. Certain stacks may enjoy river views. The site is also near the Kallang Riverside Park, connecting residents with green spaces easily.
The transformation of the surrounding industrial estates may benefit future residents here. Government plans to establish new neigbourhoods along the Kallang River may reduce the number of industrial developments nearby. Coupled with the transformation of the Kampong Bugis Precinct, the future living space in this land parcel are potentially exciting and vibrant, making this site highly exciting to look out for.
The most recent GLS site awarded in the Kallang Planning Area would be the Dorset Road site, which was awarded in October 2025 at a land rate of S$1,338 psf ppr. That site was also highly contested, with nine bids submitted. Given the strong potential for this site, we expect similarly keen interest in the site, supported by strong HDB upgrader demand from the nearby BTOs in Kallang/Whampoa that have fetched generally high resale prices after fulfilling MOP. However, bid prices may be more moderate as the areas surrounding this site are still under the early stages of development, and transformation plans are yet to be fully underway.
We expect 4 to 7 bidders, at a highest land rate of S$1,200 to S$1,300 psf ppr.
Lentor Central
The upcoming site will introduce the eighth plot in the Lentor Hills estate. The location is close to Lentor MRT Station on the Thomson-East Coast Line and will be in proximity to the mall at Lentor Modern. This will offer future residents easy access to amenities and convenience.
The most recent site that was sold was at Lentor Gardens, which was awarded in April 2025 to Kingsford Huray Development Pte Ltd. at a land rate of S$920 psf ppr. Given that seven land parcels in Lentor Hills have already been sold, developers might shift their focus to other available land parcels, especially with the 1H2026 GLS sites coming up.
Nonetheless, homes in Lentor Hills remain popular with homebuyers. Six of the Lentor Hills land parcels have launched, with one project already completed. The other five launched projects have limited unsold units left, indicating the strong performance of the projects here. The project from the seventh land parcel is expected to launch sometime in 2026, which will ensure sufficient time between the launch of that project and this eighth project for the market to absorb the new supply of units here.
We anticipate 1 to 3 bidders for this land parcel, at a highest land rate of S$900 to S$1,000 psf ppr.