The Bayshore Road GLS was a new land plot announced on the 6 Dec 2023, as part of the 1H2024 GLS Programme, and was released as part of the Reserve List.
This land plot is in a sought after residential location, and is also located directly on top of Bayshore MRT, part of the Thomson-East Coast Line.
On the 6 Dec 2023, as part of the 1H 2024 Government Land Sales (GLS) Programme, Bayshore Road GLS was announced as a new residential plot.
This land plot is located in a prime location, directly on top of Bayshore MRT Station.
This also forms part of the Government's plans to develop Bayshore as the next housing area.
The "Long Island" is envisioned to stretch around 15km from Marina East to Changi, and contains a reservoir flanked by two land spaces.
The purpose of the reservoir is to boost Singapore's water supply and protect its coastline from rising sea levels; and at the same time the land spaces can be developed for new homes and integrated with coastal parks and recreational spaces.
Climate change strategies when integrated with Singapore's long-term plans will help to meet our land use needs and provide opportunities to expand and enhance our green and blue network.
28 March 2025
1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Bayshore Road to the highest tenderer, Sing-Haiyi Garnet Pte. Ltd.
2. The site at Bayshore Road was launched for tender on 26 November 2024. The tender for the site closed on 18 March 2025. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
LOCATION : Bayshore Road
ALLOWABLE DEVELOPMENT : Residential
SITE AREA : 10,497.3 m2
MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) : 44,089 m2
SUCCESSFUL TENDERER : Sing-Haiyi Garnet Pte. Ltd.
TENDERED PRICE ($PSM of GFA) : $658,888,998.00 ($14,944.52)
TENDERED PRICE $PSF of GFA : $1,388 psf ppr
18 March 2025
The Urban Redevelopment Authority (URA) closed the tender for the site at Bayshore Road today.
The site at Bayshore Road was launched for public tender on 26 November 2024.
This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.
LAND PARCEL AT BAYSHORE ROAD
ALLOWABLE DEVELOPMENT : RESIDENTIAL
SITE AREA : 10,497.3 m²
MAXIMUM PERMISSIBLE GFA : 44,089 m²
DATE OF LAUNCH : 26 NOVEMBER 2024
DATE TENDER CLOSED : 18 MARCH 2025
LEASE PERIOD : 99 YEARS
| RANKING | NAME OF TENDERER | TENDERED SALE PRICE ($) | TENDERED SALE PRICE IN $PSM OF GFA | TENDERED SALE PRICE IN $PSF OF GFA |
| 1 | Sing-Haiyi Garnet Pte. Ltd | 658,888,998.00 | 14,944.52 | 1388 |
| 2 | Sing Holdings Residential Pte. Ltd | 653,530,000.00 | 14,822.97 | 1377 |
| 3 | CDL Polaris Properties Pte. Ltd. | 620,800,000.00 | 14,080.61 | 1308 |
| 4 | Frasers Property Phoenix II Pte Ltd, Sekisui House, Ltd. and KH Capital Pte. Ltd. | 610,000,001.00 | 13,835.65 | 1285 |
| 5 | Kingsford Huray Development Pte Ltd | 594,500,000.00 | 13,484.09 | 1252 |
| 6 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | 594,200,000.00 | 13,477.28 | 1252 |
| 7 | Intrepid Investments Pte. Ltd., TID Residential Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd. | 500,675,566.00 | 11,356.02 | 1055 |
| 8 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | 485,000,000.00 | 11,000.48 | 1021 |
26 November 2024
1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Media Circle (Parcel A & B) and Bayshore Road for sale under the second half of 2024 (2H2024) Government Land Sales (GLS) Programme.
2. The sites at Media Circle (Parcels A & B) and Bayshore Road are launched for sale under the Confirmed List and can potentially yield 325, 500 and 515 residential units respectively. These form part of the 5,050 residential units to be released via the Confirmed List of the 2H2024 GLS programme to cater to housing demand and maintain market stability.
3. The Government will continue to release a steady supply of private residential units in coming GLS programmes, with supply calibrated to account for prevailing economic and property market conditions.
Other Details
5. The tenders for the sites at Media Circle (Parcels A & B) and Bayshore Road will close at 12 noon on 4 March 2025, 29 April 2025 and 18 March 2025 respectively. More details on the three land parcels are available on the URA website.
1 The sites at Media Circle are zoned Residential with Commercial at 1st Storey, while the site at Bayshore Road is zoned Residential
| Site Location (1) | Media Circle (Parcel A) | Media Circle (Parcel B) | Bayshore Road |
|---|---|---|---|
| Land Info | Media Circle (Parcel A) GLS | Media Circle (Parcel B) GLS | Bayshore Road GLS |
| Site Area | 7,629.7 m2 (2) | 10,027.6 m2 (2) | 10,497.3 m2 |
| Land Use Zoning / Allowable Development | Residential with Commercial at 1st Storey | Residential with Commercial at 1st Storey | Residential |
| Maximum Gross Floor Area (GFA) | 28,230 m2 | 43,119 m2 | 44,089 m2 |
| Maximum Building Height (3) | Podium Max 21m SHD Overall building height control 85m - 107m SHD | Podium Max 20m SHD Overall building height control 129m - 140m SHD | 101m SHD - 105m SHD |
| Estimated Number of Housing Units (4) | 325 | 500 | 515 |
| Lease Period | 99 years | 99 years | 99 years |
(1) Media Circle (Parcel A), Media Circle (Parcel B), Bayshore Road
(2) Final site area is subject to cadastral survey
(3) Building height is based on Singapore Height Datum (SHD)
(4) Actual number of housing units provided by the developer may vary
25 JUNE 2024
• Sustained supply of 5,050 private residential units to be tendered out in 2H2024, similar to the 5,450 units in 1H2024.
• Total supply of 11,110 private residential units in 2024 (including 610 units from the activated Reserve List site tendered out in May 2024) will be the highest supply introduced in a single year since 2013.
• Good spread of sites island-wide will provide a variety of housing options that cater to different needs and preferences.
• The Government will continue to release a steady supply of private residential units over the next few years, with supply calibrated to account for prevailing economic and property market conditions.
The Government today announced the Government Land Sales (GLS) Programme for 2H2024, which comprises ten Confirmed List sites and nine Reserve List sites. Together, these sites can yield about 8,140 private residential units, 113,650 sqm gross floor area (GFA) of commercial space and 530 hotel rooms.
| SN | Location | Site Area (ha) | Proposed GPR | Est. Residential Units | Est. Commercial Space | Est. Launch Date | Sales Agent |
|---|---|---|---|---|---|---|---|
| Confirmed List | |||||||
| Residential Sites | |||||||
| 1 | Tampines St 95 EC | 2.25 | 2.5 | 560 | 0 | Aug-2024 | HDB |
| 2 | Faber Walk (2)(3) | 2.58 | 1.4 | 400 | 0 | Sep-2024 | URA |
| 3 | Lentor Gardens (4) | 2.06 | 2.1 | 500 | 0 | Oct-2024 | URA |
| 4 | River Valley Green (Parcel B) (5) | 1.17 | 3.5 | 580 | 500 sqm | Oct-2024 | URA |
| 5 | Bayshore Road | 1.05 | 4.2 | 515 | 0 | Nov-2024 | URA |
| 6 | Media Circle (Parcel A) (2)(6) | 0.81 | 3.7 | 345 | 400 sqm | Nov-2024 | URA |
| 7 | Media Circle (Parcel B) (2)(6) | 0.97 | 4.3 | 485 | 400 sqm | Nov-2024 | URA |
| 8 | Chuan Grove (2)(7) | 1.58 | 3.0 | 550 | 0 | Dec-2024 | URA |
| 9 | Holland Link (2)(8) | 1.72 | 1.4 | 240 | 0 | Dec-2024 | URA |
| Commercial & Residential Sites | |||||||
| 10 | Chencharu Close (2)(9) | 2.94 | 3.2 | 875 | 13,000 sqm | Sep-2024 | HDB |
| Total (Confirmed List) | 5,050 | 14,300 sqm | |||||
13 June 2024
1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Dairy Farm Walk, Tengah Garden Avenue and Bayshore Road for sale today under the first half 2024 (1H2024) Government Land Sales (GLS) Programme.
2. The sites at Dairy Farm Walk and Tengah Garden Avenue are launched for sale under the Confirmed List and can potentially yield 540 and 860 residential units respectively. These form part of the 5,450 residential units to be made available via the Confirmed List of the 1H2024 GLS programme. The site at Bayshore Road is available for application under the Reserve List and can potentially yield 515 units. Together, these three sites can provide a potential supply of 1,915 residential units.
3. To cater to demand, the Government has increased the Confirmed List supply of private housing in the GLS programme to 5,450 units in 1H2024, from 4,090 units in 1H2023 and 5,160 units in 2H2023. This is the highest supply on the Confirmed List in a single GLS Programme since the 2H2013 GLS Programme.
Other Details
5. The tenders for the Dairy Farm Walk and Tengah Garden Avenue sites will close at 12 noon on 14 January 2025. More details on the three land parcels are available on the URA website.
| Site Location (1) | Dairy Farm Walk | Tengah Garden Avenue | Bayshore |
| Site Area (2) | 21,881.8 m2 | 25,456.0 m2 | 10,493.9 m2 |
| Land Use Zoning / Allowable Development | Residential | Residential with Commercial at 1st storey | Residential |
| Maximum Gross Floor Area (GFA) | 45,952 m2 | 76,368 m2 | 44,075 m2 |
| Maximum Building Height (3) | Low-rise Zones: 4 storeys to 6 storeys Medium-rise Zones: 75 m SHD to 85 m SHD | 60m SHD | 101m SHD to 105m SHD |
| Estimated Number of Housing Units (4) | 540 | 860 | 515 |
| Lease Period | 99 years | 99 years | 99 years |
(1) Dairy Farm Walk GLS Plot 2, Tengah Garden Avenue GLS, Bayshore Road GLS
(2) Final site area is subject to cadastral survey
(3) Building height is based on Singapore Height Datum (SHD)
(4) Actual number of housing units provided by the developer may vary
6 Dec 2023
The Government today announced the GLS Programme for 1H2024, which comprises ten Confirmed List sites and nine Reserve List sites. These sites can yield about 8,910 private residential units, 107,750 sqm gross floor area (GFA) of commercial space and 530 hotel rooms.
The Confirmed List comprises nine private residential sites (including one EC site and one long-stay Serviced Apartments1 site) and one commercial & residential site, which can collectively yield about 5,450 private residential units (including 710 EC units and 515 long-stay Serviced Apartments) and 13,900 sqm GFA of commercial space.
| S/N | Location | Site Area (ha) | Proposed GPR | Est. No. of Residential Units(1) | Est Commercial Space | Est Launch Date | Agency |
|---|---|---|---|---|---|---|---|
| Confirmed List | |||||||
| Residential Sites | |||||||
| 1 | Holland Drive | 1.23 | 4.7 | 680 | 0 | Feb-24 | URA |
| 2 | River Valley Green (Parcel A)(2) | 0.93 | 3.5 | 380 | 0 | Mar-24 | URA |
| 3 | Canberra Crescent(2)(3) | 2.05 | 1.6 | 375 | 0 | Apr-24 | URA |
| 4 | De Souza Avenue(4) | 1.92 | 1.6 | 355 | 0 | Apr-24 | URA |
| 5 | Jalan Loyang Besar (EC)(2) | 2.84 | 2.5 | 710 | 0 | May-24 | HDB |
| 6 | Margaret Drive(2)(4) | 0.95 | 4.2 | 460 | 0 | May-24 | URA |
| 7 | Media Circle(2)(5) | 0.57 | 4.2 | 515 | 400 | May-24 | URA |
| 8 | Dairy Farm Walk(2) | 2.16 | 2.1 | 530 | 0 | Jun-24 | URA |
| 9 | Tengah Garden Avenue(2)(6) | 2.55 | 3 | 860 | 3,000 | Jun-24 | URA |
| Commercial and Residential Site | |||||||
| 10 | Tampines Street 94(2)(7) | 2.35 | 2.6 | 585 | 10,500 | Jun-24 | HDB |
| Total (Confirmed List) | 5,450 | 13,900 | |||||
| S/N | Location | Site Area (ha) | Proposed GPR | Est Residential Units(1) | Est Hotel Rooms | Est Commercial Space (sqm) | Est Available Date(12) | Agency |
|---|---|---|---|---|---|---|---|---|
| Reserve List | ||||||||
| Residential Sites | ||||||||
| 1 | Lentor Gardens(3) | 2.06 | 2.1 | 500 | 0 | 0 | Available | URA |
| 2 | Senja Close (EC)(4) | 1.01 | 3 | 295 | 0 | 0 | Available | HDB |
| 3 | Tampines Street 95 (EC) | 2.24 | 2.5 | 560 | 0 | 0 | Available | HDB |
| 4 | Zion Road (Parcel B) | 0.93 | 5.6 | 610 | 0 | 0 | Available | URA |
| 5 | River Valley Green (Parcel B)(2)(8) | 1.17 | 3.5 | 575 | 0 | 500 | Mar-24 | URA |
| 6 | Bayshore Road(2) | 0.98 | 4.2 | 480 | 0 | 0 | Jun-24 | URA |
| Commercial Sites | ||||||||
| 7 | Punggol Walk(9) | 1 | 1.4 | 0 | 0 | 13,350 | Available | URA |
| White Sites | ||||||||
| 8 | Woodlands Avenue 2(10) | 2.75 | 4.2 | 440 | 0 | 78,000 | Available | URA |
| Hotel Sites | ||||||||
| 9 | River Valley Road(11) | 1.02 | 2.8 | 0 | 530 | 2,000 | Available | URA |
| Total (Reserve List) | 3,460 | 530 | 93,850 | |||||
| Total (Confirmed List and Reserve List) | 8,910 | 530 | 107,750 | |||||
(2) New sites introduced in 1H2024.