Developer : HH Investment Private Limited
Est Public Sales : 1H 2027
In the 2H 2025 GLS (Government Land Sales) announcement, the Bukit Timah Road GLS land plot was announced directly into the Confirmed List, with a date of Aug 2025 being set for the land parcel to be released for Developer Tender.
This is a prime location plot, located beside Newton MRT Station.
In the 2H 2025 GLS (Government Land Sales) announcement, the Bukit Timah Road GLS land plot was announced directly into the Confirmed List, with a date of Aug 2025 being set for the land parcel to be released for Developer Tender.
This is a prime location plot, located beside Newton MRT Station.
Credit : Streetdirectory.com
PRESS COVERAGE
21 Nov 2025
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Bukit Timah Road to the highest tenderer, HH Investment Private Limited.
The site at Bukit Timah Road was launched for tender on 26 August 2025. The tender for the site closed on 11 November 2025. The site was offered for sale on a 99-year lease term.
Details of the awarded site and the successful tenderer are provided below:
LOCATION : Bukit Timah Road
ALLOWABLE DEVELOPMENT : Residential
SITE AREA : 5,899.2 m²
MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) : 28,907m2
SUCCESSFUL TENDERER : HH Investment Private Limited
TENDERED PRICE : $566,291,711.95
TENDERED PRICE in $PSM of GFA : $19,590.12
TENDERED PRICE in $PSF of GFA : $1,820
PRESS COVERAGE
11 Nov 2025
The Urban Redevelopment Authority (URA) closed the tender for the site at Bukit Timah Road today.
The site at Bukit Timah Road was launched for public tender on 26 August 2025.
This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.
| RANKING | NAME OF TENDERER | TENDERED SALE PRICE ($) | TENDERED SALE PRICE IN $PSM OF GFA | TENDERED SALE PRICE IN $PSF OF GFA |
|---|---|---|---|---|
| 1 | HH Investment Private Limited | 566,291,711.95 | 19,590.12 | 1820 |
| 2 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | 504,380,000.00 | 17,448.37 | 1621 |
| 3 | Winclass Investment Pte. Ltd. | 483,988,888.00 | 16,742.96 | 1555.47 |
| 4 | CL Emerald Pte. Ltd. and MJR Investment Pte. Ltd. | 483,960,000.00 | 16,741.97 | 1555.38 |
| 5 | COLI (Singapore) Pte. Ltd. | 460,800,000.00 | 15,940.78 | 1481 |
| 6 | Garden Estates (Pte.) Limited and Intrepid Investments Pte. Ltd. | 460,509,323.00 | 15,930.72 | 1480 |
| 7 | Aster Residential Pte. Ltd. | 450,800,000.00 | 15,594.84 | 1449 |
| 8 | Japura Development Pte Ltd | 408,000,000.00 | 14,114.23 | 1311 |
PRESS COVERAGE
11 Nov 2025
HH Investment, a Singapore-incorporated company understood to be owned by members of the Liao family behind Huang Hsiang Construction Corporation of Taiwan, has placed the top bid of S$566.29 million – or nearly S$1,820 per square foot per plot ratio (psf ppr) – for a 99-year leasehold private housing site next to Newton MRT station.
The state tender for the site, which closed on Tuesday (Nov 11), pulled in eight bids. It can yield about 340 private homes.
The second-highest bid, from a tie-up between Hoi Hup Realty and Sunway Developments, came in at S$504.38 million or about S$1,621 psf ppr.
PRESS COVERAGE
26 Aug 2025
The Urban Redevelopment Authority (URA) has released a residential site at Bukit Timah Road for sale today under the second half 2025 (2H2025) Government Land Sales (GLS) Programme.
The site at Bukit Timah Road can potentially yield about 340 residential units. These form part of the 4,725 residential units to be released via the Confirmed List of the 2H2025 GLS programme to cater to housing demand and maintain market stability.
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
The tender for the Bukit Timah site will close at 12 noon on 11 November 2025.
Site Location : Bukit Timah Road (1)
Site Area : 5,899.2 m2(2)
Land Use Zoning / Allowable Development : Residential
Maximum Gross Floor Area (GFA) : 28,907 m2
Maximum Building Height (3) : 122.0 m SHD
Estimated Number of Housing Units(4) : 340
Lease Period : 99 years
(1) Bukit Timah 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.
PRESS COVERAGE
26 Aug 2025
Prime plot likely to be hotly contested, could draw bids of up to S$1,600 per square foot amid plans for 5,000 homes around three clusters in the area
The government has put up for sale a residential housing plot along Bukit Timah Road, the first site to be released under plans for a new housing estate in the prime Newton neighbourhood.
The 0.58 hectare (ha) site is also the first state land plot in Newton to be put up for sale in almost three decades and is expected to be hotly contested.
The 99-year leasehold plot, which can yield around 340 units, is located next to the Newton MRT station and was used previously as transitional office space.
PRESS COVERAGE
13 June 2025
1 The Government has announced the GLS Programme for the second half of 2025 (2H2025). Comprising 10 Confirmed List sites and 12 Reserve List sites, the Programme can yield about 9,200 private residential units, 178,315 sqm gross floor area (GFA) of commercial space, and 880 hotel rooms.
2 The Confirmed List, which comprises 10 private residential sites, can yield 4,725 private residential units, including 990 EC units from two EC sites, and 4,515 sqm GFA of commercial space.
3 The Reserve List includes six private residential sites, one commercial site, three White sites and two hotel sites, which can potentially yield an additional 4,475 private residential units, 173,800 sqm GFA of commercial space, and 880 hotel rooms.
| S/N | Location | Site Area (ha) | Proposed GPR | Est Residential Units | Est Hotel Rooms | Est Commercial Space (sqm) | Est Launch Date | Sales Agent |
|---|---|---|---|---|---|---|---|---|
| Confirmed List | ||||||||
| Residential Sites | ||||||||
| 1 | Bukit Timah Road (2) | 0.59 | 4.9 | 340 | 0 | 0 | Aug-25 | URA |
| 2 | Bedok Rise (2) | 2.03 | 1.6 | 380 | 0 | 0 | Sep-25 | URA |
| 3 | Woodlands Drive 17 (EC) (Plot 2) (2)(3) | 2.7 | 2.1 | 560 | 0 | 0 | Oct-25 | HDB |
| 4 | Dairy Farm Walk (2) (Plot 3) | 3.06 | 1.4 | 500 | 0 | 0 | Nov-25 | URA |
| 5 | Dover Road (2)(4) | 1.35 | 4.2 | 625 | 0 | 3,000 | Nov-25 | URA |
| 6 | Tanjong Rhu Road (2)(3) | 1.23 | 3.7 | 525 | 0 | 0 | Nov-25 | URA |
| 7 | Dunearn Road (2)(5) (Plot 2) | 1.91 | 1.6 | 335 | 0 | 1,400 | Dec-25 | URA |
| 8 | Kallang Avenue (2)(6) | 1.12 | 3.5 | 450 | 0 | 115 | Dec-25 | URA |
| 9 | Lentor Central (2) (Plot 4) | 1.65 | 3 | 580 | 0 | 0 | Dec-25 | URA |
| 10 | Miltonia Close (EC) (2) | 1.54 | 2.8 | 430 | 0 | 0 | Dec-25 | HDB |
| Total (Confirmed List) | 4,725 | 0 | 4,515 | |||||
| S/N | Location | Site Area (ha) | Proposed GPR | Est Residential Units | Est Hotel Rooms | Est Commercial Space (sqm) | Est Launch Date | Sales Agent |
|---|---|---|---|---|---|---|---|---|
| Reserve List | ||||||||
| Residential Sites | ||||||||
| 1 | Holland Plain (7) | 1.57 | 1.8 | 280 | 0 | 0 | Available | URA |
| 2 | Marina Gardens Lane (8) (Plot 2) | 0.6 | 5.6 | 390 | 0 | 150 | Available | URA |
| 3 | Media Circle (9) (Plot 2) | 0.57 | 4.2 | 520 | 0 | 400 | Available | URA |
| 4 | Media Circle (Parcel B) (10) | 1 | 4.3 | 500 | 0 | 400 | Available | URA |
| 5 | River Valley Green (Parcel C) | 1.15 | 3.5 | 470 | 0 | 0 | Available | URA |
| 6 | Cross Street (2)(11) | 0.23 | 6.3 | 300 | 0 | 750 | Sep-25 | URA |
| Commercial Sites | ||||||||
| 7 | Punggol Walk (12) | 1 | 1.4 | 0 | 0 | 13,350 | Available | URA |
| White Sites | ||||||||
| 8 | Marina Gardens Crescent (13) | 1.73 | 4.2 | 775 | 0 | 6,000 | Available | URA |
| 9 | Jurong Lake District (14) | 6.47 | - | 600 | 0 | 70,000 | Available | URA |
| 10 | Woodlands Avenue 2 (15) | 2.75 | 4.2 | 440 | 0 | 78,000 | Available | URA |
| Hotel Sites | ||||||||
| 11 | River Valley Road (16) | 1.02 | 2.8 | 0 | 530 | 2,000 | Available | URA |
| 12 | Telok Ayer Street (2)(17) | 0.42 | 7 | 200 | 350 | 2,750 | Dec-25 | URA |
| Total (Reserve List) | 4,475 | 880 | 173,800 | |||||
| Total (Confirmed List and Reserve List) | 9,200 | 880 | 178,315 | |||||