The Housing & Development Board (HDB) has announced the launch of a tender for an executive condominium (EC) at Admiralty Walk, which is expected to yield approximately 450 units. The tender is set to close on 17 December 2026. This site, located adjacent to Northoaks Primary School, is likely to attract families with schoolgoing children, although it is not in close proximity to Sembawang MRT station or major shopping centres.
Realion (OrangeTee & ETC) Group’s Deputy Group CEO, Justin Quek, highlighted that the site benefits from nearby amenities in existing HDB blocks, which will cater to the daily needs of future residents. Additionally, two Build-To-Order (BTO) projects launched in Sembawang in June 2026 are expected to introduce more facilities, including an eating house, minimart, shops, and preschools, enhancing convenience for the community.
This EC site is the second to be launched following the introduction of new cooling measures, which may influence developers’ assessments of demand, particularly from first-time buyers facing a longer Minimum Occupation Period (MOP). Quek noted that application rates for the recent BTO projects in Sembawang were not as strong as in other popular areas.
Realion anticipates up to three bidders for the site, with the highest bid price estimated between S$600 and S$700 per square foot per plot ratio (psf ppr). The outcome of this tender will be closely watched as developers continue to navigate the evolving property market landscape.
