The River Valley Green (Parcel C) GLS land plot was announced on 25 June 2024, as part of the 2H2024 Government Land Sales (GLS) Programme.
The land plot was released into the Reserve List, which means that the land is not released for tender immediately, but made available for application instead. A site on the Reserve List will be put up for tender only when a developer has made a successful application, with a minimum price which is acceptable to the Government.
The plot can yield an estimated 470 units and is located within the highly sought after District 9, conveniently within minutes walk from Great World MRT Station.
The River Valley Green (Parcel C) GLS land plot was announced on 25 June 2024, as part of the 2H2024 Government Land Sales (GLS) Programme, which, at 11,110 private residential units, saw the highest supply introduced in a single year since 2013.
The land plot was released into the Reserve List, which means that instead of the land being made available for tender immediately, it is made available for application instead. A site on the Reserve List will be put up for tender only when a developer has made a successful application, with a minimum price which is acceptable to the Government.
It can yield around 470 residential units, and is also conveniently directly beside Great World MRT Station.
This plot joins 2 other plots that have been launched in River Valley Green area:
See more details on :
25 June 2024
1 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.
2 The Confirmed List comprises nine private residential sites (including one EC site) and one commercial & residential site, which can collectively yield about 5,050 private residential units (including 560 EC units) and 14,300 sqm GFA of commercial space.
3 The Reserve List comprises five private residential sites (including two EC sites), one commercial site, two White sites and one hotel site. These sites can potentially yield an additional 3,090 private residential units (including 730 EC units), 99,350 sqm 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 | |||||
| SN | Location | Site Area (ha) | Proposed GPR | Est. Residential Units | Est. No. of Hotel Rooms | Est. Commercial Space | Est. Available Date | Sales Agent |
|---|---|---|---|---|---|---|---|---|
| Reserve List | ||||||||
| Residential Sites | ||||||||
| 1 | Senja Close (EC) (7) | 1.01 | 3.0 | 295 | 0 | 0 | Available | HDB |
| 2 | Marina Gardens Lane (2) | 0.61 | 5.6 | 400 | 0 | 0 | Oct-2024 | URA |
| 3 | Woodlands Drive 17 (EC) (2) | 2.58 | 1.7 | 435 | 0 | 0 | Oct-2024 | HDB |
| 4 | Holland Plain (2)(10) | 1.58 | 1.8 | 275 | 0 | 0 | Dec-2024 | URA |
| 5 | River Valley Green (Parcel C) (2) | 1.15 | 3.5 | 470 | 0 | 0 | Dec-2024 | URA |
| Commercial Sites | ||||||||
| 6 | Punggol Walk (11) | 1.00 | 1.4 | 0 | 0 | 13,350 sqm | Available | URA |
| White Sites | ||||||||
| 7 | Marina Gardens Crescent (12) | 1.73 | 4.2 | 775 | 0 | 6,000 sqm | Available | URA |
| 8 | Woodlands Ave 2 (13) | 2.75 | 4.2 | 440 | 0 | 78,000 sqm | Available | URA |
| Hotel Sites | ||||||||
| 9 | River Valley Road (14) | 1.02 | 2.8 | 0 | 530 | 2,000 sqm | Available | URA |
| Total (Reserve List) | 3,090 | 530 | 99,350 sqm | |||||
25 June 2024
TEN new sites are on offer under the Government Land Sales (GLS) programme for residential housing in the second half of 2024. Six are on the confirmed list and four are on the reserve list.
The confirmed list includes two parcels in Media Circle, a Lorong Chuan site, and the first mixed-use site in the upcoming Chencharu precinct, according to details released by the Ministry of National Development (MND) on Tuesday (Jun 25).
...
The 1.15-hectare River Valley Green (Parcel C) site can yield 470 units and is expected to launch in December. If triggered, it will be the third River Valley Green site to be launched for sale near the Great World MRT station.
The River Valley Green area has recorded a flurry of activity recently, although bidding lethargy may be setting in, said Chua Yang Liang, JLL’s head of research and consultancy (South-east Asia). He noted how the Zion Road (Parcel A) nearby, which has a long-term serviced apartments component, received one offer in January at S$1,202 psf ppr, while River Valley Green (Parcel A) drew two bids, with a top bid of S$1,325 psf ppr.
