JLL has announced the sale of the freehold property at 300/300A Pasir Panjang Road, a site that has housed the Norwegian Seamen’s Mission since 1977. The 48,774 sq ft property, located in Singapore’s District 5, is listed with a guide price of S$70m. It offers a unique opportunity for redevelopment into a 63-unit boutique residential project, capitalising on its elevated position and proximity to the Greater Southern Waterfront.
The site, which is zoned Residential under the Master Plan 2025, boasts a gross plot ratio of 1.4. Its strategic location offers panoramic views of Kent Ridge Park and the Greater Southern Waterfront, making it an attractive proposition for developers and high-net-worth individuals. Nicholas Ng, Head of Land and Collective Sales at JLL Singapore, highlighted the site’s potential, stating, “The combination of its Norwegian Seamen’s Mission heritage, elevated hilltop terrain, and positioning alongside the Greater Southern Waterfront creates a rare opportunity to craft a bespoke, low-density residential development.”
The property’s location offers excellent connectivity, being a short walk from Haw Par Villa MRT Station and close to major educational and commercial hubs. The ongoing transformation of the Greater Southern Waterfront is expected to drive long-term capital appreciation and rental demand in the area.
The Expression of Interest exercise for the site will close on 15 September 2026. This sale comes as the region undergoes significant state-led urban renewal, promising a vibrant future for the area.
