The Housing & Development Board has concluded the land tenders for two Executive Condominium (EC) sites at Senja Close and Woodlands Drive 17, part of the 1H2025 Government Land Sales programme. The Senja Close site is expected to yield approximately 295 residential units, whilst the Woodlands Drive 17 site could produce around 420 units. Both sites received significant interest, with five bids each, reflecting the ongoing popularity of ECs among eligible HDB upgraders.
At Senja Close, the highest bid came from CDL Constellation Pte. Ltd. at S$252,899,000, translating to about S$771 per square foot per plot ratio (psf ppr). This bid exceeded expectations and was 6.3% higher than the next highest bid from TID Residential Pte. Ltd. The site’s proximity to schools and amenities, such as Senja Hawker Centre and Greenridge Shopping Centre, enhances its appeal. Additionally, the nearby Jelapang LRT station offers convenient transport links.
Woodlands Drive 17 saw the highest bid from CDL Divine Pte. Ltd. at S$360,899,000, or around S$782 psf ppr, setting a new record for EC land rates. This site is strategically located near primary and secondary schools and is within walking distance of Woodlands South MRT Station on the Thomson-East Coast Line. The future development of the Woodlands Regional Centre as a major economic hub further boosts its attractiveness.
The scarcity of EC and private home supply in these areas, coupled with the time elapsed since the last EC launches, suggests pent-up demand. Another EC site near Woodlands Drive 17 is set for release in October 2025, with expectations of continued strong interest from developers and homebuyers.
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