The Urban Redevelopment Authority (URA) has launched two prime residential sites in Singapore's core central region (CCR) for public tender under the Government Land Sales (GLS) programme for the first half of 2026. The two plots are located along Holland Plain in District 10 and Morrison Lane — off Mohamed Sultan Road in the Robertson Quay area — in District 9, underscoring the government's continued commitment to sustaining private housing supply in established prime precincts.

Holland Plain: Continuing a New Private Residential Enclave

The Holland Plain site, which sits on the Confirmed List, measures 15,716.9 square metres and has a maximum gross floor area of 28,291 sq m, with a gross plot ratio of 1.8. Building heights are capped at six to eight storeys. The 99-year leasehold parcel can potentially yield around 280 private residential units, forming part of the 4,575 homes targeted for release through the Confirmed List in the 1H2026 GLS programme.

This is the second GLS plot to be tendered in the newly planned Holland Plain precinct, following the Holland Link site sold in late 2024 to Sim Lian Group for $368.37 million, or $1,432 per square foot per plot ratio (psf ppr). The Holland Plain precinct is envisioned as a private residential enclave capable of housing an estimated 2,500 new homes in total. Future residents will have access to the Community Plain park at the heart of the precinct and the Holland Green Linear Park to the south, adding to the area's strong green credentials.

Property analysts are expecting active bidding for the Holland Plain parcel. Given the strong interest in the adjacent Holland Link site and the similarities between the two plots, industry observers anticipate four to six bids. The site's location within a two-kilometre radius of several reputable schools — including Methodist Girls' School, Henry Park Primary, Pei Hwa Presbyterian Primary, and National Junior College — is expected to be a significant draw for family buyers seeking priority school admission.

Morrison Lane: A Reserve List Site Riding River Valley's Momentum

The second site, located on Morrison Lane in the Robertson Quay area, has been placed on the Reserve List. Zoned 'Residential with Commercial at the 1st Storey,' it could yield approximately 205 private residential units if triggered for sale. Unlike Confirmed List sites, Reserve List plots are only put up for tender when a developer submits a minimum bid that meets the government's price expectations.

Analysts are cautiously optimistic that the Morrison Lane site will eventually be triggered, pointing to the robust sales momentum observed across nearby River Valley Green developments. The most recent launch in the area, the 706-unit Zyon Grand by City Developments and Mitsui Fudosan (Asia), saw 84% of its units sold at an average price of $3,050 psf during its October 2025 launch weekend — a strong signal of sustained buyer appetite in the district.

Should the site be triggered, land rate estimates from property consultants range between $1,400 and $1,500 psf ppr, translating to a total land cost of approximately $280 million to $303 million. Analysts describe the quantum as "bite-sized" in CCR terms, a factor that could attract up to five developers keen to replenish their land banks in the prime central market.

If triggered, the project would become the fifth new private condominium launch in the River Valley neighbourhood in less than eight months. Recent launches in the area include projects by developers such as Frasers Property and Sekisui House, which jointly launched Robertson Opus in July 2025.

Since then, other projects including River Green by Wing Tai Holdings and Promenade Peak by Allgreen Properties.

Broader GLS Context: Supply Calibration in 2026

The launch of these two sites comes as part of the broader 1H2026 GLS programme, which comprises nine Confirmed List sites and 12 Reserve List sites. Together, the programme has the potential to yield approximately 9,185 private residential units, including executive condominiums (ECs) and over 200,000 square metres of commercial gross floor area.

Notably, the Confirmed List supply of 4,575 units represents a slight moderation from the 4,725 units offered in the second half of 2025 and sits about 9% below the 5,030 units made available in the first half of 2025. Industry observers suggest this calibration reflects the government's intent to balance sufficient housing pipeline against the risk of overheating in an already price-sensitive market.

The 1H2026 Reserve List is the largest since the second half of 2021, offering potential supply of 4,610 additional private homes. Among the standout Reserve List sites is a White site at Town Hall Link within the Jurong Lake District, with the potential for up to 1,200 residential units alongside significant commercial and office components.

What This Means for Buyers and Developers

For prospective buyers, the two CCR sites signal that prime Singapore real estate remains an active development frontier. The Holland Plain plot offers a nature-forward living proposition, supported by green corridors, proximity to the Bukit Timah nature belt, and access to well-regarded schools. The Morrison Lane site, should it come to market, offers urban connectivity, walkable access to the Singapore River precinct, and proximity to the Thomson–East Coast Line MRT network.

For developers, both sites represent opportunities to enter or expand their footprint in the CCR, which has seen a meaningful recovery in new home sales over recent quarters. While the three CCR sites on the Confirmed List — Holland Plain, River Valley Green (Parcel C), and Peck Hay Road — will compete for developer attention and capital, each offers a distinctly different value proposition that could appeal to different buyer profiles and development strategies.