The Urban Redevelopment Authority (URA) has unveiled its 2H2025 Government Land Sales (GLS) Programme, which introduces 10 new sites to the Confirmed List, including two Executive Condo (EC) sites and three mixed-use developments. This initiative aims to cater to the growing housing demands in Singapore and is expected to yield a total of 4,725 new homes. The strategic selection of these sites underscores URA’s commitment to fostering sustainable urban living and enhancing the overall residential landscape.
The first EC site, located at Woodlands Drive 17, spans an area of 2.7 hectares and has a potential yield of approximately 560 homes. This site is poised to attract buyers looking for affordable housing options, particularly in a region where demand for such properties continues to increase.
The second EC site at Miltonia Close, covering 1.54 hectares, can accommodate another 430 homes. Both sites signify URA’s focus on providing more diverse housing options that align with the needs of the community.
Among the mixed-use developments, the Dover Road site stands out due to its estimated yield of 625 homes complemented by 32,300 square feet of commercial space. This project is particularly significant as it addresses housing needs for the workforce in the nearby One-North area, a hub for technology and innovation.
By integrating residential living with commercial facilities, URA aims to create a more vibrant and self-sustaining environment that promotes work-life balance.
The Bukit Timah Road site, while the smallest in the new offerings at 0.59 hectares, is noteworthy for its potential yield of 340 homes. This area has not seen new residential projects since 2022, marking the upcoming development as a crucial addition to the region.
The introduction of this site is expected to invigorate the local real estate market and provide much-needed housing options in a historically sought-after neighborhood.
Another significant offering is the Tanjong Rhu site, which has not been part of the GLS Programme since 1997. With an expected yield of 525 homes, this site is strategically located near MRT stations and essential amenities, spotlighting the continued demand for residential projects in well-connected areas.
The revival of Tanjong Rhu in the GLS Programme highlights URA’s responsiveness to market trends and the necessity to support urban growth through strategic land use.
NEW CONDO: GEMS VILLE
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With the anticipated launch date aligning with the URA’s GLS Programme, GEMS VILLE is expected to meet the growing housing demand in Singapore.
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News Source: Edgeprop
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