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Dunearn Road GLS site attracts top bid

Newsflash Asia

- June 30, 2025

The Dunearn Road Government Land Sales (GLS) site has garnered significant attention, with a top bid of $1,410 per square foot per plot ratio (psf ppr) from CSC Land Group (Singapore), Sekisui House, and Frasers Property Phoenix II. This marks the highest level of participation for a prime Core Central Region (CCR) site since the Cuscaden Road GLS site in May 2018, which attracted nine bids. The bid price is also the highest since the River Valley Green (Parcel B) GLS in February 2025.

The Dunearn Road site is the first to be offered in the new Turf City housing estate within the Stables Commune neighbourhood. This provides the developer with a first mover advantage and the opportunity to establish a prominent project at the key access point to Turf City estate and along Dunearn Road. According to Mark Yip, CEO of Huttons Asia, “The Draft Master Plan 2025 has provided more clarity on the land usage in Turf City and reduced risks for developers.”

The site is strategically located with commercial use planned for adjacent sites, offering amenities to the new housing area. Community and recreational facilities, as well as parks, will be within a 10-minute walk. A school is also planned around 500 metres away, enhancing convenience for families with young children. The area is part of an education belt with numerous top schools nearby.

Connectivity is further bolstered by the Sixth Avenue MRT station and the upcoming Turf City MRT station on the Cross Island Line, both within a 10-minute walk. Authorities are also assessing the feasibility of a new exit ramp from the Pan Island Expressway (PIE) towards Tuas, which would enhance accessibility.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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