The Urban Redevelopment Authority (URA) has announced the launch of a residential site at Bedok Rise for sale by tender under the Confirmed List of the government land sales (GLS) programme for the second half of 2025. This site, which can yield an estimated 380 new units, is strategically located near the Tanah Merah MRT station, enhancing its appeal to homebuyers and developers alike.
The Bedok Rise site offers convenient access to commercial amenities, including the nearby Seneca Square mall, and is just one MRT stop away from Bedok town centre. The area is also home to several educational institutions, such as Bedok Green Primary School and the Singapore University of Technology and Design, making it particularly attractive to families.
The future development’s appeal is further boosted by the planned conversion of the Tanah Merah MRT station into an interchange station, linking it to the Thomson-East Coast Line (TEL). This extension will connect the station to key locations such as Changi Airport and Changi Terminal 5, enhancing transport connectivity.
The last GLS site in the area, Tanah Merah Kechil Link, saw high demand with 15 bids and was awarded at $930 psf ppr in November 2020. The Sceneca Residence, located on this site, sold about 60% of its units upon launch in January 2023, with transactions averaging $2,100 psf.
Wong Siew Ying, Head of Research and Content at PropNex, projects that the Bedok Rise plot may attract five to seven bidders, with a top bid price estimated between $1,200 and $1,300 psf ppr. This anticipated interest underscores the site’s potential as a prime residential development opportunity.