Commentary on the opening of tender for land parcel at Bedok Rise

SINGAPORE, 18 September 2025 – The tender for the Government Land Sale (GLS) site at Bedok Rise opened today on 18 September 2025, and is scheduled to conclude on 27 November 2025.

The site, located in the Bedok planning area, spans an estimated 2.02 ha with a potential yield of 380 private residential units.

Location attributes

“The Bedok Rise plot is the last GLS site to be offered next to Tanah Merah MRT station.”

“Tanah Merah MRT station’s connectivity will be significantly enhanced as it transforms into an interchange between the East-West Line (EWL) and Thomson-East Coast Line (TEL) by the mid-2030s.”

“While Bedok Green Primary is the only school within a 1km radius, the site is also within 10 mins drive to tertiary institutions. These include the Singapore University of Technology and Design and ITE College East.”

“Taking cue from recent bidding exercises, Bedok Rise might see between four to six bidders considering it is beside Tanah Merah MRT station. This will be in line with recent Outside Central Region (OCR) sites that are also beside MRT stations, such as Lakeside Drive which saw six bidders.”

“While Bedok Rise is in the same Bedok planning area as Bayshore Road, it might not garner the same level of interest from developers. The site at Bayshore Road drew eight bidders and was awarded at $1,388 psf ppr mainly due to its first-mover advantage.”

Buyer Demand

“The last GLS site in the area was Tanah Merah Kechil Link, which was awarded in November 2020 at $930 psf ppr. It was later developed into Sceneca Residence.”

“Buyers snapped up 60% of Sceneca Residence’s units (160 out of 268) during its launch in January 2021. However, this came during the COVID-19 property boom when buyer sentiment was strong.”

“Since then, no new projects have entered the market in this neighbourhood in recent years. With limited supply, any upcoming development is likely to see strong buyer interest.”

“Buyers might be drawn to the site’s proximity to Singapore’s Eastern Gateway, comprising Tampines Regional Centre, Changi Business Park and Changi Airport. For investors, the proximity to these employment nodes allows them to tap into a wider pool of tenants.”

“The location may also draw landed right-sizers staying at nearby enclaves, such as the Kew and Jalan Limau estates. Bedok also saw nearly 2,300 HDB flats fulfilling their Minimum Occupation Period (MOP) between 2022 to 2026, this might provide upgrader demand for this project.”

“With no new launches in the immediate vicinity in recent years, the site is expected to draw developers keen on tapping into pent-up buyer demand.”

 

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Lisha Rodney

Public Relations Manager, ERA Singapore

Email: [email protected]

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