ETC has announced the launch of a collective sale for High Point, a freehold residential site at 30 Mount Elizabeth in Singapore’s prestigious District 9. The site, elevated above the Orchard Road corridor, is available via a public tender closing on 9 June 2026. The guide price is set at S$580m, translating to approximately S$2,641 per square foot per plot ratio, with no land betterment charge applicable.
The site spans 4,422.8 square metres and is zoned for residential use under the URA Master Plan 2025, allowing for a building height of up to 36 storeys. This offers potential for panoramic city views, making it an attractive proposition for developers. Swee Shou Fern, Head of Investment Advisory at ETC, highlighted the site’s appeal amidst a limited supply of new ultra-luxury freehold projects in the Orchard Road area. “Demand for trophy residential assets in Singapore has strengthened, supported by local and international ultra-high-net-worth individuals,” she noted.
The scarcity of new freehold opportunities in District 9 has been increasingly evident, with most new developments being leasehold. This positions 30 Mount Elizabeth as a prime opportunity for developers to create a benchmark ultra-luxury residential project. The location offers excellent connectivity, with proximity to Orchard and Somerset MRT stations and key destinations like the CBD and Changi Airport.
The launch comes as the ultra-luxury residential segment shows renewed momentum, with 17 homes priced at S$10m and above sold in Q1 2026, marking the highest quarterly sales volume since Q1 2025.
