Bukit Timah Road GLS – Striking Tender Result at S$1,820 psf ppr
The Bukit Timah Road GLS site has emerged as one of the most high‑profile Government Land Sales (GLS) parcels in recent cycles, garnering significant developer interest and commanding a strong tender outcome. Recognized for its prime location bordering Newton and Bukit Timah, the site attracted competitive bids, reflecting confidence in franc2-central residential value and long‑term demand.
The tender closed with a standout land rate of S$1,820 psf ppr, underscoring strong expectations for the site’s future appeal among buyers seeking prestige, connectivity, and lifestyle convenience. Its position along Bukit Timah Road places it within easy reach of Newton MRT, Orchard Road, Bukit Timah amenities, and top schools, making it highly attractive for both homeowners and investors.
Bukit Timah Road GLS – Developer Tender Results
| Rank | Tenderer | Bid Price (S$) | Land Rate (S$ psf ppr) |
|---|---|---|---|
| 1 | HH Investment Private Limited | 566,291,712 | 1,820 |
| 2 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | 504,380,000 | 1,621 |
| 3 | Winclass Investment Pte. Ltd. | 483,988,888 | 1,555 |
| 4 | CL Emerald Pte. Ltd. and MJR Investment Pte. Ltd. | 483,960,000 | 1,555 |
| 5 | COLI (Singapore) Pte. Ltd. | 460,800,000 | 1,481 |
| 6 | Garden Estates (Pte.) Limited and Intrepid Investments Pte. Ltd. | 460,509,323 | 1,480 |
| 7 | Aster Residential Pte. Ltd. | 450,800,000 | 1,449 |
| 8 | Japura Development Pte Ltd | 408,000,000 | 1,311 |
Note: The table above shows the top 8 developer bids for Bukit Timah Road GLS. For full official details, see the Bukit Timah Road GLS tender award details on URA website
Here’s a comparison section you can insert into your Bukit Timah Road GLS article, positioned after your Market Context / Pricing Benchmarks section to maintain flow and SEO readability:
Comparison With CCR Launches
To provide context on premium pricing in the Core Central Region (CCR), it’s useful to compare Bukit Timah Road GLS with established high-end developments nearby:
- 19 Nassim: Balance units priced between $3,328 to $3,638 psf (average $3,469 psf), offering luxury living in an exclusive Nassim Road location.
- UpperHouse @ Orchard Boulevard: Pricing ranges from $3,278 to $3,876 psf (average $3,512 psf) with modern layouts and proximity to Orchard Road.
- The Robertson Opus: Balance 3- to 4-bedroom units priced $3,199 to $3,671 psf (average $3,382 psf) in the Robertson Quay area.
Compared to these CCR benchmarks, Bukit Timah Road GLS positions itself as a premium yet competitively priced launch, offering potential buyers high-end living with modern amenities while benefiting from the prestigious Bukit Timah address and established accessibility to the city.
CCR Residential Launch Pricing Comparison
| Project | Unit Types | Price Range (psf) | Average PSF | Notes |
|---|---|---|---|---|
| 19 Nassim | 2–5 Bdrm | $3,328 – $3,638 | $3,469 | Luxury CCR launch, Nassim Road |
| UpperHouse @ Orchard Boulevard | 2–5 Bdrm | $3,278 – $3,876 | $3,512 | Modern layouts, Orchard proximity |
| The Robertson Opus | 3–4 Bdrm | $3,199 – $3,671 | $3,382 | Robertson Quay, premium riverfront |
| Bukit Timah Road GLS | Est. 2–5 Bdrm | TBD | TBD | Upcoming premium launch, CCR location |
Unbeatable Location Next to Newton MRT
One of the key attractions of the Bukit Timah Road GLS site is its proximity to Newton MRT Interchange on the Downtown and North‑South Lines. Future residents will enjoy:
- Seamless connectivity to Orchard Road, CBD, and Jurong Innovation District
- Immediate access to Newton Food Centre, Newton MRT, and Novena amenities
- A short drive to **Botanic Gardens, Holland Village, and King Albert Park
Schools and lifestyle hubs in the Bukit Timah/Novena corridor add long‑term appeal for both families and investors.
Nearby Amenities & Conveniences
Living near Newton and Bukit Timah Road brings access to some of Singapore’s most established lifestyle destinations:
- Newton Food Centre – beloved local hawker favourites
- Novena Square & United Square – retail and family dining
- Orchard Road – premier shopping and entertainment
- Botanic Gardens – UNESCO World Heritage Site for recreation
These conveniences enhance both daily living and investor rental strategies.
Top Schools in the Vicinity
The Bukit Timah GLS corridor is surrounded by highly sought‑after schools, making it especially attractive for families:
- Anglo‑Chinese School (Primary & ACS (Barker Road))
- Singapore Chinese Girls’ Primary & Secondary
- St. Joseph’s Institution
- Methodist Girls’ School
Proximity to top schools typically supports premium rental demand and resilient resale value.
Investment & Buyer Insights
The strong S$1,820 psf ppr land rate reflects developer confidence in the site’s long‑term strength. Analysts view the Bukit Timah Road GLS as a flagship urban asset, positioned near high‑value districts and spanning a corridor known for luxury residential demand.
Buyers considering units in this development should note:
- High demand from upgraders and expatriate tenants
- Premium pricing expectation vs long‑term capital growth
- Resilience in rental markets due to strategic location
Early access to VVIP launch previews and priority registrations can help buyers secure preferred units and layouts before broader release.
Why This GLS Site Matters
Bukit Timah Road GLS stands out for:
- Prestigious address adjacent to Newton and Bukit Timah
- Top tier connectivity to major MRT lines and expressways
- Lifestyle richness with nearby shopping, dining, and parks
- Educational catchment for premium schools
This combination reinforces the site’s long‑term attractiveness for both homeowners and investors.
Next Steps for Interested Buyers
To stay updated on floor plans, launch pricing, and showflat access, consider:
- Registering for VVIP preview & priority access
- Exploring similar GLS launches in our New GLS Projects Singapore category
- Comparing with other prime developments in the Upcoming Launch and Undervalued Property categories
👉 Interested in pricing & unit availability? Register now for priority updates!