BUY AND SELL A SINGAPORE PROPERTY FROM THE COMFORT OF YOUR HOUSE

A joint venture between Sunway MCL and CSC Land Group (Singapore) has secured the highly anticipated River Valley Green (Parcel C) Government Land Sale (GLS) site with a winning bid of S$750.6 million, setting a new benchmark for land values in Singapore's prestigious River Valley precinct. The successful bid translates to S$1,730 per square foot per plot ratio (psf ppr), comfortably exceeding analysts' expectations of between S$1,350 and S$1,700 psf ppr. It also represents approximately a 22% increase over the previous land price achieved in the area, underscoring developers' confidence in the continued strength of the Core Central Region (CCR) residential market. Strong Competition for a Rare Prime Site The tender attracted four competitive bids, highlighting the attractiveness of what is widely regarded as the last available Government Land Sale site near Great World. The final rankings were remarkably close: Developer Bid Price Land Rate Sunway MCL & CSC Land S$750.6 million S$1,730 psf ppr China Overseas Land & Investment (COLI) S$720.7 million S$1,661 psf ppr Hong Leong Holdings, GuocoLand & TID Residential S$715.9 million S$1,650 psf ppr Kingsford Group S$705.4 million S$1,626 psf ppr The winning consortium edged out COLI by just 4%, reflecting intense competition among developers seeking a foothold in one of Singapore's most sought-after residential districts. A Landmark Development in River Valley The 11,516-square-metre 99-year leasehold site has a maximum gross floor area of 40,306 square metres and is expected to yield around 470 homes under planning guidelines. However, Sunway MCL and CSC Land have revealed plans for a larger development comprising more than 500 residential units spread across two 36-storey towers. The project will be designed to appeal to a broad range of buyers, including: Young professionals Families Multi-generational households Property investors The development is expected to launch in 2027 or 2028. Exceptional Location Supports Premium Pricing The River Valley Green (Parcel C) site enjoys one of Singapore's most desirable residential locations. Residents will benefit from: Walking distance to Great World MRT Station Direct access to Great World City Close proximity to the Singapore River lifestyle belt Near River Valley Primary School, one of Singapore's most popular primary schools Easy access to Orchard Road and the Central Business District Sunway MCL CEO Lee Tong Voon described the site as possessing "strong locational attributes, excellent connectivity and immediate access to a comprehensive range of lifestyle amenities." Strong Market Fundamentals The aggressive land bid reflects developers' confidence in the River Valley residential market, supported by outstanding sales performances from nearby projects. River Modern Developed by GuocoLand, River Modern was built on River Valley Green (Parcel B), purchased in February 2025 for S$1,420 psf ppr. The project achieved: 90% sales during launch 93% sold to date Median selling price of S$3,229 psf River Green Developed by Wing Tai on River Valley Green (Parcel A), River Green has also been highly successful. The development recorded: 88% sales during launch weekend 94% sold to date Median selling price of S$3,128 psf Other Nearby Projects Recent launches in the vicinity have also demonstrated healthy demand: Promenade Peak achieved approximately 71% sales at launch with a median price of S$2,942 psf. Zyon Grand has sold about 90% of its units at a median price of S$3,050 psf. Collectively, these four projects introduced nearly 2,300 units into the market, with only around 300 units remaining unsold—clear evidence of sustained buyer appetite in the area. Limited Supply Supports Long-Term Outlook One of the biggest attractions of the River Valley Green site is its scarcity value. Although several prime GLS sites have recently been awarded in locations such as Dunearn Road, Holland Plain, Bukit Timah Road and Peck Hay Road, River Valley remains one of the most established luxury residential enclaves in the Core Central Region. With Parcel C widely expected to be the final GLS site in the immediate Great World precinct, future supply will be extremely limited. This scarcity, combined with consistently strong demand from both local and foreign buyers, gives developers confidence that the future project can command premium prices upon launch. Second Successful Partnership The River Valley project marks the second collaboration between Sunway MCL and CSC Land. Their first joint venture was Elta in Clementi, a project scheduled for completion in 2028. The successful partnership appears to have strengthened both developers' confidence in pursuing another major residential development together. Property Outlook The record-breaking S$1,730 psf ppr land bid signals growing optimism for Singapore's prime residential market despite elevated land costs. Strong sales at neighbouring developments, limited future supply, and River Valley's enduring appeal have reinforced developers' confidence that buyers remain willing to pay a premium for well-located homes. When the new development launches in 2027 or 2028, it is expected to become one of the flagship luxury residential projects in the Core Central Region, further cementing River Valley's reputation as one of Singapore's most desirable addresses.

A 5 room HDB flat at 605 Senja Road was just sold for a record high price of $1.05 million ($813 psf). The lease of the 120 sqm flat started in 1999, leaving it with a remaining lease of 72 years. The flat is located on the 28th to 30th storey range. This floor area is equivalent to 1,292-sq ft. The recent transaction surpassed the previous record high for 5 room flats in Bukit Panjang. In June 2026, a 5 room at 604 Senja Road was sold for $1 million ($768 psf). That flat measures 1,302 sq ft and is located on the 25th to 27th storeys. Both flats started their lease in 1999.  These two transactions surpassed last year’s record high of $998,000 ($835 psf), which was set by a flat that is located at 181 Jelebu Road. That unit was sold in June 2025. The flat measures 1,195 sq ft. It is located on the 22nd to 24th storeys and it has a remaining lease of 76 years. A private property transaction was recently recorded nearby, an apartment at The Linear along Upper Bukit Timah Road was sold for 1.84 million. You can check all the resale transactions (and more) for 5 room flats in Bukit Panjang using our property research tools. The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Zhenghua Primary School, CHIJ Our Lady Queen Of Peace, West View Primary School, West Spring Secondary School, Zhenghua Secondary School and Swiss Cottage Secondary School. Nearby MRT stations include Bukit Panjang, Cashew and Jelapang. Grocery shopping can be done in places like Sheng Siong Supermarket, FairPrice Jalan Teck Whye and Giant Express - Bangkit Blk 256.

City Developments Ltd (CDL), in partnership with Hong Realty, has emerged as the highest bidder for the coveted Government Land Sales (GLS) site at Peck Hay Road, reinforcing developers' confidence in the long-term transformation of Singapore's Newton district. The 80:20 joint venture submitted a top bid of S$542.4 million, translating to S$1,865.15 per square foot per plot ratio (psf ppr) for the 99-year leasehold site. The winning bid surpassed the second-highest offer by approximately 8.4 per cent, reflecting the consortium's strong conviction in the site's development potential. Strong Vote of Confidence in Newton's Transformation The Peck Hay Road site is the second GLS parcel released as part of the Urban Redevelopment Authority's (URA) ambitious masterplan to rejuvenate the Newton area into a vibrant mixed-use residential neighbourhood. Over the next 10 to 15 years, approximately 5,000 new private homes are expected to be introduced around Newton Circus, Scotts Road and Monk's Hill. Although the tender attracted only four bids compared to eight for the neighbouring Bukit Timah Road GLS site last year, analysts believe the winning bid demonstrates continued optimism towards the Central Core Region (CCR) residential market. Notably, CDL and Hong Realty's offer exceeded the nearby Bukit Timah Road GLS site's land rate of nearly S$1,820 psf ppr, achieved in November last year, by around 2.5 per cent. A Landmark Residential Development The consortium intends to develop a striking 39-storey residential tower comprising approximately 380 private homes, significantly higher than the 315-unit estimate initially indicated when URA launched the site for tender. According to CDL Group Chief Executive Officer Sherman Kwek, the development aims to become a distinctive residential landmark that contributes to the next phase of Newton's transformation. The project will feature extensive landscaping, lush greenery and thoughtfully designed communal spaces that promote urban liveability while complementing the evolving character of the neighbourhood. Premium Pricing Expected Property consultants expect the future development to be launched at an average selling price ranging between S$3,400 psf and S$3,900 psf, reflecting the site's prime location and limited supply of new homes in the prestigious Newton and Orchard precinct. Recent successful launches within the CCR, including projects near Orchard Boulevard and Great World MRT station, have demonstrated sustained demand from both local and foreign buyers seeking premium city-centre residences. Excellent Connectivity and Family Appeal One of the key attractions of the Peck Hay Road site is its exceptional connectivity. Located just a short walk from Newton MRT Interchange, residents will enjoy seamless access to both the North-South and Downtown MRT lines, providing convenient travel across Singapore. The development also enjoys close proximity to several highly sought-after schools, including: Anglo-Chinese School (Junior) St Joseph's Institution Junior Singapore Chinese Girls' School (Primary) River Valley Primary School St Margaret's School (Primary) Farrer Park Primary School These educational institutions are expected to enhance the project's appeal among families seeking homes within established school catchments. Additional Development Requirements Beyond constructing the residential project, the successful developer will also undertake several public infrastructure improvements required under the tender conditions. These include: Building a covered pedestrian linkway to Newton MRT station. Constructing an extension of Peck Hay Road. Relocating an existing bus stop along Scotts Road. Widening part of Anthony Road. While these additional works will increase overall development costs, industry observers note they will significantly enhance accessibility and improve the surrounding urban environment. Outlook The successful Peck Hay Road tender highlights continued confidence among major developers in Singapore's luxury residential market despite higher construction costs and a more selective bidding environment. As URA gradually rolls out thousands of new homes in the Newton precinct over the coming decade, the area is poised to evolve into one of Singapore's most attractive city-fringe residential districts. With its prime location, excellent transport connectivity, proximity to renowned schools and comprehensive urban renewal plans, the future Peck Hay Road development is expected to become one of the most closely watched condominium launches in the Central Core Region over the next few years.

A unit at Limau Villas was just sold for a record-high of $3.36 million ($1,816 psf). The 99-years leasehold of Limau Villas started in 1996, leaving it with as remaining 69 years lease and it is located along Limau Rise. This 172 sqm unit has a land size equivalent to 1,851-sq ft. The recent property transaction surpassed the previous record high in Limau Villas. In October 2025, a 1,723 sq ft unit was sold for $2.79 million ($1,617 psf). These two resale private residential transactions surpassed 2024's record high of $2.72 million ($1,683 psf), which was set by a terrace sold in September 2024.It is a smaller unit withe a floor area of 1,614 sq ft. and it has a 99 years lease. Limau Villas is an exclusive 99-year leasehold landed housing development located along Limau Terrace and Limau Rise in Singapore's District 16. Developed by Tuan Sing Holdings and completed in 1998, the project comprises just 56 three-storey terraced houses, offering residents a peaceful and private living environment within an established residential neighbourhood. Designed for families seeking generous living space, most homes feature four to five bedrooms, spacious living and dining areas, private car porches, and practical layouts with land sizes generally ranging from 1,600 to 1,850 square feet. The development combines the comfort of landed living with excellent accessibility to key amenities. Limau Villas enjoys a strategic location close to Tanah Merah MRT Station, East Coast Park, Changi Business Park, and Singapore Changi Airport. Residents also benefit from convenient access to the Pan Island Expressway (PIE) and East Coast Parkway (ECP), making travel to the Central Business District and other parts of Singapore quick and efficient. Nearby shopping centres, schools, supermarkets, and dining options further enhance its appeal. Although leasehold, Limau Villas remains a sought-after landed development due to its limited supply, tranquil surroundings, spacious homes, and connectivity. It presents an attractive opportunity for families and buyers looking to enjoy landed living in Singapore's popular eastern region at a relatively accessible price point. You can check all the transactions (and more) for Limau Villas using our research tools. The terrace should appeal to parents with school-going children, as they are within walking distance of several schools, including Red Swastika School, St Anthony's Canossian Primary School, Tampines Primary School, Anglican High School, Saint Anthony's Canossian Secondary School (SACSS) and Changkat Changi Secondary School. Nearby subway stations include Tanah Merah, Bayshore and Expo. Shopping can be done in places like Giant Supermarket - Bedok Market Place, FairPrice New Upper Changi Rd and Sheng Siong Supermarket.

A 3 bedrooms unit at Chatelet was just sold for a record-high of $3.45 million ($2,180 psf). This is a freehold condominium and is located along Margoliouth Road. This unit is on the 1st to 5th floor range and its floor area is equivalent to 1,582-sq ft. The recent property transaction surpassed the previous record high in Chatelet. In February 2025, a 3 bedrooms unit was sold for $2.88 million ($2,074 psf). That unit measures 1,388 sq ft and is locate on the 6th to 10th floor range. These two resale private residential transactions surpassed 2020's record high of $2.56 million ($1,843 psf), which was set by a unit sold in December 2020.It is a similar size with floor area of 1,388 sq ft. it is located on the 6th to 10th floor range. The Chatelet is a boutique freehold condominium located at 16A and 16B Margoliouth Road in Singapore's prestigious District 10. Completed in 1993 by JDC Holdings Pte Ltd, the development comprises just 45 exclusive units across a 14-storey residential tower. Although it is situated within a tranquil landed housing enclave, The Chatelet is a condominium rather than a landed property. The development enjoys an excellent location within walking distance of Stevens MRT Interchange, providing convenient access to both the Downtown and Thomson-East Coast MRT lines. It is also close to Orchard Road, the Singapore Botanic Gardens, and renowned schools such as Singapore Chinese Girls' School, making it an attractive choice for families. Residents benefit from a range of facilities including a swimming pool, gymnasium, squash court, barbecue area, playground, covered parking, and 24-hour security. One of The Chatelet's key selling points is its spacious apartment layouts, with units significantly larger than those found in many newer condominium developments. As a freehold property in a prime residential district, The Chatelet offers long-term ownership value and exclusivity. While the development is more than 30 years old, its low-density environment, generous living spaces, and prime location continue to appeal to homeowners and investors seeking a peaceful yet well-connected address in one of Singapore's most sought-after neighbourhoods. You can check all the transactions (and more) for Chatelet using our research tools. The condominium should appeal to parents with school-going children, as they are within walking distance of several schools, including DIMENSIONS Primary School (Orchard Campus), SJI Thomsonpickup, Anglo-Chinese School (Primary), CHIJ Secondary School, Queensway Secondary School and ACS (Barker Road). Nearby subway stations include Stevens, Botanic Gardens and Napier. Shopping can be done in places like Cold Storage Alocassia, CS Fresh @ Cluny Court and FairPrice Finest.