Commentary on the opening of tender for land parcel at Tanjong Rhu Road

SINGAPORE, 26 November 2025 – The tender for the Government Land Sale (GLS) site at Tanjong Rhu Road opened on 26 November 2025 and is scheduled to conclude on 5 February 2026.

The site, located in the Kallang planning area, spans an estimated 12,239.2 sqm with a potential yield of 525 private residential units. 

Location attributes

“Tanjong Rhu is a well-regarded residential enclave known for its tranquil surroundings and predominance of private homes. The area offers a scenic waterfront setting, against a mix of mass-market condominiums and apartments. Its proximity to the city centre, together with the newly opened MRT stations, further enhances Tanjong Rhu’s attractiveness as a residential precinct.

The site enjoys excellent connectivity, located in proximity to Stadium MRT and strategically positioned between two newly opened Thomson–East Coast Line (TEL) stations, namely Tanjong Rhu MRT and Katong Park MRT. Buyers would be drawn to this prime location, considering its enhanced accessibility and centrality. 

For daily conveniences and leisure, the site is located a short drive from Kallang Wave Mall, which provides a large variety of supermarkets, eateries, fitness centres and entertainment outlets. Additionally, the waterfront promenade and park connectors along the Geylang River are within walking distance, offering recreational opportunities like jogging and cycling. The locale is well-served by reputable schools such as Dunman High School and Chung Cheng High School.”

Kallang Alive Master Plan 

“The site is located near the Kallang Alive Master Plan, which is set to transform the area into one of Singapore’s key hubs for sports and recreational activities. Alongside upcoming residential precincts, it envisions vibrant public spaces and community-centric waterfront spaces. 

It enjoys proximity to the Singapore Sports Hub, offering direct access to premier facilities such as the National Stadium, Singapore Indoor Stadium, OCBC Aquatic Centre, and Water Sports Centre. These venues regularly host international sporting events, concerts, and community activities, fostering an active and vibrant lifestyle. 

Moreover, with Tanjong Rhu also being one of five waterfront mixed-use precincts planned, this lifestyle could appeal to buyers looking for a home.”

Buyer Demand 

“There were two BTO projects across the road from this Tanjong Rhu site, which will draw many new young families to the estate. With newer and fresher amenities, potential demand could also come from younger residents in the area. Those seeking housing options to accommodate the needs of starting a new family while being in a familiar environment could opt for this development. 

Residential developments in the vicinity are also at least 12 years old. Pent-up demand from residents of older condos nearby can be expected, with some looking to refresh the remaining leases of their homes, considering the lack of resale options and new launches.

Kallang/Whampoa is one of the top towns in Singapore for annual million-dollar flat transactions, due to its prime location and amenities offered as a mature estate. This has ramped up significantly, with 122 of such transactions in the first ten months of 2025. 

Investors seeking to capitalise on the upcoming master plan development, which is expected to lend some support to future price appreciation in the area, may also be keeping a keen eye.” 

Developers’ Interest

“There is much optimism within Singapore’s residential market presently, with the strong sales take-up exhibited across the 2025 launches so far, and we expect to see some developers looking to replenish their land bank. Currently, excluding ECs, there are five GLS sites open for tender, and another three sites on the 2H 2025 Confirmed List set to be released in December 2025.

This is the first GLS site to be launched in Tanjong Rhu since 1997, highlighting the scarce supply of new homes. Given its prime city-fringe location close to an MRT station, developers could be more willing to fork out a premium to secure the attractive site. Hence, we could see land bids upwards of $1,350 psf ppr. We also expect strong interest from four to six bidders.” 

For media enquiries, please contact:

Lisha Rodney

Public Relations Manager, ERA Singapore

Email: [email protected]

Disclaimer

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