The Lorong Puntong site, part of the Government Land Sales (GLS) programme for the first half of 2026, is expected to generate significant interest from developers, according to Huttons Asia CEO Mark Yip. Located near Bright Hill MRT station and opposite Ai Tong School, the site is the smallest in the current GLS programme, offering only 140 units.
This marks the first GLS site in the Thomson area since the Bright Hill MRT station opened on the Thomson East Coast line. The area has seen limited new private home supply since the JadeScape project launched in 2018. The upcoming enbloc project, Thomson Reserve, is already attracting strong interest ahead of its expected launch in September or October 2026.
Demand for homes in the Thomson area remains robust due to its central location and limited supply. JadeScape, for instance, sold over 60% of its launched units during its first weekend, with prices exceeding $2,600 per square foot (psf) in 2026.
Yip anticipates that the Lorong Puntong site could attract a top bid ranging from $1,400 to $1,500 psf per plot ratio (ppr), with the total cost remaining under $200m. This makes it an accessible entry point for developers, potentially drawing up to eight bidders. However, developers may not trigger the Kitchener Link site, given the availability of other Rest of Central Region (RCR) sites in the second half of 2026 GLS programme.
