For latest unit pricing and availability at Springleaf Residence, please call Developer Hotline 6864-3300 or get in touch :
On the 21 June 2023, the government announced the Government Land Sales (GLS) Programme for the second half of 2023 (2H2023), which comprises eight Confirmed List sites and nine Reserve List sites. These sites can yield about 8,590 private residential units, 98,250 sqm gross floor area (GFA) of commercial space and 530 hotel rooms.
Of the sites announced, the Upper Thomson Road Parcel B land plot was amongst the sites under the Confirmed List.
Subsequently in April 2024, the land plot was awarded to GuocoLand & Hong Leong.
The land plot will be developed as Springleaf Residence.
Springleaf Residence will be launching with the following timeline:
The Springleaf Residence Showflat is located within walking distance from the actual project location, and also near to Springleaf MRT.
Driving entrance along Upper Thomson Road.
Do note that during the Preview there will be free shuttle bus service:
1st Aug: 1:30pm to 8:30pm
2nd & 3rd Aug: 9.30am to 8.30pm
9th & 10th Aug: 9.30am to 8.30pm
Pick Up/ Drop Off Point: Thomson Plaza, Soo Chow Garden Road Exit
To book a showflat appointment, call Developer Hotline 6864-3300.
Springleaf Residence will be previewing from 1 to 10 Aug 2025, and will launch for Public Sales on the 16 Aug 2025 with the following pricing:
| Unit Type | Size | Starting Price | Starting PSF |
|---|---|---|---|
| 1 BR | 388 sqft | $878,000 | $2,263 psf |
| 2 BR | 527 sqft | $1,078,000 | $2,046 psf |
| 2 BR (Std) | 646 sqft | $1,338,000 | $2,071 psf |
| 3 BR | 786 sqft | $1,618,000 | $2,058 psf |
| 3 BR (Std) | 904 sqft | $1,898,000 | $2,100 psf |
| 3 BR (Plus) | 1,023 sqft | $2,148,000 | $2,100 psf |
| 4 BR | 1,227 sqft | $2,448,000 | $1,995 psf |
| 5 BR | 1,453 sqft | $3,018,000 | $2,077 psf |
| Project Name | Springleaf Residence |
| GLS Land Info | Formerly launched under GLS as Upper Thomson Road Parcel B |
| Developer | GuocoLand, Hong Leong |
| Tenure | 99 years wef 15 July 2024 |
| Construction Method | APCS (Advanced Precast Concrete System) |
| Estimated TOP | 2H 2029 |
| Estimated Notice of VP | 31 Dec 2031 |
| Land Size | 344,000 sqft |
| Units | 941 residential units • 909 units at 5 residential towers • 32 units at Conserved Building |
| Blocks | 5 blocks of 25 Storeys High with low-rise conservation block |
| Unit Types | 2 BR to 5 BR |
| Accessbility | 100m to Springleaf MRT (TEL） |
| Exact Address & Postal Codes | Block 811 Upper Thomson Road Singapore 788978 Block 813 Upper Thomson Road Singapore 788979 Block 815 Upper Thomson Road Singapore 788980 Block 817 Upper Thomson Road Singapore 788981 Block 819 Upper Thomson Road Singapore 788982 Block 821 Upper Thomson Road Singapore 787104 |
| No of Units Per Floor Each tower & Conserved Building | Blk 811: 8 (4 units for Sky terrace Floors, L1 & L2) Blk 813: 8 (4 units for Sky terrace Floors) Blk 815: 8 (4 units for Sky terrace Floors & 6 no. for L1 & 7 no. for L2) Blk 817: 8 (4 units for Sky terrace Floors) Blk 819: 8 (4 units for Sky terrace Floors) Blk 821: Conserved Building: 8 |
| No of Carpark lots & Location | 759 carparking lots consisting of 753 car park lots (inclusive of 8 Electric Vehicle lots) and 6 accessible car park lots at Basement 1 and 2 |
| No of EV Lots & Location | 8 lots at Basement 1 |
| No of Bicycle Lots & Location | 236 lots at Basement 1 |
| Architect | ADDP Architects LLP |
| Landscape Architect | Ortus Design Pte. Ltd. |
| Main Contractor | China Construction (South Pacific) Development Co Pte Ltd |
| Conservation Consultant | Studio Lapis Conservation Pte Ltd |
| Show Units | Showflat ID – 2 Bdrm : Type B2: 60sqm (646sqft) Showflat ID – 3 Bdrm : Type C3: 84sqm (904sqft) Showflat ID – 4 Bdrm : Type D1: 114sqm (1227sqft) Showflat ID – 5 Bdrm : Type E1: 135sqm (1453sqft) |
The following are computer-generated virtual tours; not of actual showunits
GuocoLand Limited (“GuocoLand”) and its subsidiaries (“the Group”) is a leading real estate group that is focused on its twin engines of growth in Property Investment and Property Development. It develops, invests in and manages a portfolio of quality commercial and mixed-use assets providing stable, recurring rental income with potential for capital appreciation. The Group has a strong track record in creating distinctive integrated mixed developments and premium residential properties that uplift and transform their local neighbourhoods.
Hong Leong Holdings Limited (HLHL) was founded in 1968 as the private property development and investment arm of one of Asia’s largest and most successful diversified conglomerate, Hong Leong Group
The project along Upper Thomson Road seeks to create a residential development that seamlessly integrates with the unique native flora and fauna of the Springleaf site, while preserving a significant conserved building that reflects the area's historical heritage. Central to this design is the commitment to minimizing disruptions to the surrounding forest ecosystem. This is achieved by establishing a buffer zone from the forest boundary, ensuring that the natural environment is protected while development occurs. The proposed five towers are strategically positioned to optimize spatial relationships between blocks, enhancing views and fostering a sense of community, all while maintaining minimal footprints to lessen environmental impact.
A community-focused initiative is integral to the proposal, aiming to actively engage residents in the regeneration of the native forest. This initiative not only fosters a connection between residents and the ecosystem but also encourages an understanding of the importance of conservation. Educational spaces will be incorporated into the design, allowing for community workshops and programs that raise awareness about local biodiversity and environmental stewardship.
Moreover, the Conserved Building will serve as a central focal point within the development, surrounded by social spaces designed to encourage interaction with nature. This reinforces the vision of “Forest in a Home, Home in a Forest,” where residents can experience a harmonious blend of urban living and natural beauty. By enhancing the existing natural corridor and providing opportunities for community engagement, the project aspires to create a vibrant, sustainable living environment that benefits both people and wildlife, ultimately contributing positively to the ecological and social fabric of the area.
Credit : Streetdirectory.com
| Item | Details |
|---|---|
| Location | Upper Thomson Road (Parcel B) |
| Planning Area | Yishun |
| Land Use | Residential (Non-Landed) |
| Est Site Area | 3.2 ha |
| Gross Plot Ratio | 2.5 |
| Est. Housing Units | 940 |
| Sales Agent | URA |
| Est Tender Launch Date | Dec 2023 |
| Est Public Sales | Q2 2025 |
| PARAMETERS | PROVISIONS/REQUIREMENTS |
|---|---|
| Site Area (Subject to final cadastral survey) | 32,023.7 m2 |
| Land Use/Zoning | Residential |
| Type of Proposed Housing Development | The proposed residential development shall be for: a. Condominium; or b. Flats; or c. With prior written approval, a combination of flats and strata landed houses. Serviced Apartments and Serviced Apartments II (SA2) will not be allowed. |
| Permissible Gross Floor Area (GFA) | Maximum GFA3 : 80,060 m2 (This shall include the existing GFA of the Conserved Building. The estimated GFA of the Conserved Building is 3,447.4 m2 .) Minimum GFA: 72,054 m2 |
| Building Height | a. No-build Zone The no-build zone includes the conservation area and the setback area from Upper Thomson Road. b. Low-Rise Zone Up to a maximum of 5 storeys high in front of the Conserved Building c. High-Rise Zone Up to the technical height control of 90 – 100 m SHD |
| Allowed Uses in the Conserved Building | The Land Parcel includes a Conserved Building which is to be retained and restored. The details of the conservation guidelines are set out in Part V and as shown in the Control Plans. The Conserved Building shall be adapted for residential and/ or indoor recreation spaces, such as private clubhouse or communal facilities use only. |
16 April 2024
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Zion Road (Parcel A) to CDL-MFA Vega Property Pte. Ltd. and CDL-MFA Altair Property Pte. Ltd., and the tender for the site at Upper Thomson Road (Parcel B) to GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd.
The tenders for these sites were launched on 4 December 2023 and closed on 4 April 2024. The sites were offered for sale on 99-year lease terms.
Details of the awarded sites and the successful tenderers are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) | TENDERED PRICE ($PSF of GFA) |
|---|---|---|---|---|---|---|
| Zion Road (Parcel A) | Residential with Commercial at 1st Storey | 15,277.9 m² | 85,557 m² * | CDL-MFA Vega Property Pte. Ltd. and CDL-MFA Altair Property Pte. Ltd. | $1,106,888,000.00 ($12,937.43) | $1,201.9 PSF of GFA |
| Upper Thomson Road (Parcel B) | Residential | 32,023.7 m² | 80,060 m² | GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd. | $779,555,000.00 ($9,737.13) | $904.6 PSF of GFA |
Tender outcome reflects recognition of current market conditions, need to push out fresh supply
16 April 2024
THE Urban Redevelopment Authority (URA) has awarded the two large sites put up for sale at Zion Road and Upper Thomson Road, after tenders closed on Apr 4 with single bids at lower-than-expected offers.
Zion Road (Parcel A) was awarded to a City Developments Limited-Mitsui Fudosan tie-up at its bid of S$1.1 billion or S$1,202 per square foot (psf) of gross floor area. The site is the first to be released for sale in the government’s pilot project for long-stay serviced apartments, a new rental category designed to address a supply crunch that sent housing rents shooting up in the last few years.
The Upper Thomson Road (Parcel B) plot went to a GuocoLand-Hong Leong group joint venture at its bid of S$779.6 million or S$905 psf of gross floor area. The parcel is near a new cluster of private housing projects coming up in the Lentor Hills precinct, where six plots have been sold so far and five projects launched.
Single bid of S$780 million or S$905 psf ppr comes in a shade under expectations and 8 per cent below most recently sold Lentor plot
4 Apr 2024
THE latest state tender closing in the Upper Thomson area showed developers sitting out land sales as caution prevails in the market.
The site drew just one bid – a joint venture between GuocoLand and Hong Leong Holdings, with an offer of around S$780 million or S$904.60 per square foot per plot ratio (psf ppr).
The sole offer came in just under expectations polled by The Business Times before the tender closed on Thursday (Apr 4). Consultants had expected the plot to fetch three to five bids, with the highest bid ranging between S$1,000 and S$1,100 psf ppr.
Single bid comes in a shade under expectations and 8 per cent under most recently sold Lentor plot
4 Apr 2024
A STATE land site in the Upper Thomson area drew just one bid - a joint venture between two developers at a tender on Thursday, with a bid of around S$780 million or S$904.60 per square foot per plot ratio (psf ppr).
The sole offer, from GuocoLand and Hong Leong Holdings, came in just under expectations forecast by property consultants polled by The Business Times before the tender closed on Thursday (Apr 4). Consultants had, however, expected the tender to fetch around three to five bids, with the highest bid ranging between S$1,000 and S$1,100 psf ppr.
The Upper Thomson Road (Parcel B) plot spans 32,023.7 square metres (sq m), with a maximum gross floor area of 80,060 sq m. It is expected to yield 940 private homes.
4 April 2024
The Urban Redevelopment Authority (URA) closed the tender for the two sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B) today.
The public tender for the two sites at Zion Road (Parcel A) and Upper Thomson Road (Parcel B) was launched on 04 December 2023.
This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.
LAND PARCEL AT UPPER THOMSON ROAD (PARCEL B)
ALLOWABLE DEVELOPMENT : RESIDENTIAL
SITE AREA : 32,023.7 m²
MAXIMUM PERMISSIBLE GFA : 80,060 m²
DATE OF LAUNCH : 4 DECEMBER 2023
DATE TENDER CLOSED : 4 APRIL 2024
LEASE PERIOD : 99 YEARS
| RANKING | NAME OF TENDERER | TENDERED SALE PRICE ($) | TENDERED SALE PRICE IN $PSM OF GFA |
|---|---|---|---|
| 1 | GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd. | 779,555,000.00 | 9,737.13 |
Credit : The Straits Times
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21 Jun 2023
Land supply for private housing has been further beefed up for the second half of 2023, taking the total confirmed supply for the year to its highest in a decade.
In all, the eight sites on the confirmed list of the Government Land Sales (GLS) programme announced on Wednesday will yield about 5,160 private residential units, including 560 executive condominium (EC) units, and 4,900 sq m gross floor area (GFA) of commercial space.
Credit : The Straits Times
