Singapore Launches Three Key Residential Sites in Jurong, Bukit Timah, and Woodlands
The Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) have officially released three highly anticipated residential sites for sale under the Confirmed List of the 1H2025 Government Land Sales (GLS) programme. The new plots are located at Lakeside Drive, Dunearn Road (Turf City), and Woodlands Drive 17, with a combined yield of nearly 1,400 new homes.
🔹 Lakeside Drive – Jurong Lake District
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Site Area: 13,485 sq m
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Expected Yield: 575 private homes
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Special Feature: Approx. 1,000 sq m of ground-floor commercial space
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Nearby MRT: Lakeside MRT Station
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Tender Closing Date: June 3, 2025
This site in the Jurong Lake District—the second CBD in Singapore—is expected to draw robust interest, especially from developers targeting upgraders. Over 2,500 nearby flats have met their Minimum Occupation Period (MOP), creating a pool of potential buyers. The site also benefits from limited amenities in the area, making the commercial component an attractive feature.
Market watchers anticipate 3 to 10 bids, with a top bid between S$900 and S$1,200 psf ppr.
🔹 Dunearn Road – Turf City’s First Residential Plot
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Site Area: 13,492 sq m
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Expected Yield: 380 homes
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Prime District: Bukit Timah
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Tender Closing Date: June 26, 2025
This marks the first residential site in the Bukit Timah Turf City masterplan, and developers are expected to show strong interest. Justin Quek of OrangeTee & Tie described the launch as the start of Bukit Timah\’s long-term rejuvenation, highlighting the first-mover advantage.
ERA’s Marcus Chu pointed to substantial pent-up demand, noting that the last major project in the area—Fourth Avenue Residences—launched in 2017 at a median price of S$2,406 psf
Expected top bids for this site are projected to reach S$1,300–S$1,400 psf ppr.
🔹 Woodlands Drive 17 – Executive Condominium (EC) Site
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Site Area: 25,207 sq m
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Expected Yield: 420 EC units
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Tender Closing Date: August 5, 2025
While the EC market has shown resilience, this site may face moderate bidding interest as it coincides with the Senja Close EC tender. However, strong fundamentals—including the upcoming Johor Bahru-Singapore RTS Link and a potential redevelopment of Singapore Sports School land—could boost demand.
The average land cost for ECs in 2024 stood at S$733 psf ppr, and analysts suggest this new site could set new benchmark prices, far surpassing the S$566 psf ppr recorded for Northwave—the last EC launched in Woodlands back in 2015.
đź’ˇ What This Means for the Market
These three launches reflect the government\’s effort to distribute housing supply strategically across key regions—west, central, and north. Developers are likely to weigh demand, pricing sensitivity, and competition from other launches, particularly in prime districts and up-and-coming hubs like Jurong.
The staggered tender deadlines:
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Lakeside Drive: June 3, 2025
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Dunearn Road: June 26, 2025
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Woodlands Drive 17: August 5, 2025
will allow developers time to strategize and assess market sentiment before committing to bids.
