The most attractive plots will likely be the sites at Marina Gardens Crescent, Champions Way, and the EC at Tampines Street 62.
Analysis of Confirmed Sites (Residential Sites)
1. Jalan Tembusu- This plot of land is beside the Canadian International School and within walking distance to the popular Tanjong Katong Primary School. Therefore the project will have high investment potential. However, developers may be mindful that a few new condos will be launching in the vicinity, including the adjacent plot at Jalan Tembusu awarded in January this year.
2. Tampines Street 62 Parcel B EC – This plot is just beside Tenet, which sold very well during its first-weekend launch. As there are many HDB flats in Tampines, there should still be pent-up demand from HDB upgraders or first-time purchasers for the EC.
3. Lentor Central – The locale will be a new residential area with a new shopping mall and brand new residences. Although there are already a few sites launched / launched for sale, the site’s proximity to the new shopping mall and MRT station may continue to attract homeowners and investors who wish to live in a new site. More than half of the site faces the low-landed properties, therefore many of the units should enjoy good views.
4. Champions Way – This plot is within walking distance to the Woodlands South MRT station and beside Innova Primary School. It is also near the Singapore Sports School. Therefore, this development will be attractive to families with school-going children. There is also a lack of new condominium supply in Woodlands, with the last GLS site in mid-2011 which is more than 10 years ago. Therefore pent-up demand should be healthy.
5. Media Circle – Although the site may not be near an MRT station or has ample amenities, it is still accessible via the major expressways. This site is located at the city fringe and will appeal to buyers working in the one-north area and Mediapolis. The site may be attractive for investors as the area's rental demand should be healthy.
Analysis of Confirmed Sites (White Sites)
6. Marina Gardens Crescent - This is a bigger parcel of land compared to the site at Marina Gardens Lane, encompassing a commercial component. As the plot is linked to the Marina South MRT station, the site will likely be developed into an integrated development. The high floor units will have very good sea views, attracting local and foreign investors.
7. Jurong Lake District – This plot of land is well located near the Jurong East MRT station and accessible to ample amenities. The development will likely attract many buyers given its good location and connectivity. However, as three plots are interlinked requiring the developer to develop all sites at the same time, the development, time of construction and cost involved will be high. Therefore a consortium involving larger developers will likely take place.