Newsflash Asia – Breaking Stories, Smarter and Faster

Join the Community

URA launches Bukit Timah Road land tender

Newsflash Asia

- August 26, 2025

The Urban Redevelopment Authority (URA) has initiated a land tender for a site at Bukit Timah Road, marking the first release under the 2H2025 Government Land Sales (GLS) programme. The site is expected to accommodate approximately 340 residential units, with the tender closing on 11 November 2025. This development is part of a broader urban transformation plan for the Newton area, as outlined in the Draft Master Plan 2025.

The Newton area, historically limited in GLS supply, is set for significant changes, with plans for 5,000 homes and new mixed-use developments. The site’s proximity to Newton MRT Interchange offers excellent connectivity, making it attractive to families, especially those with school-going children, due to its closeness to several primary schools. Additionally, amenities such as Newton Food Centre and the Orchard Road shopping belt are nearby.

Justin Quek, CEO of OrangeTee and Deputy Group CEO of Realion, noted that the last residential land parcel in Newton was awarded in 1997. He highlighted the robust demand for luxury homes, as evidenced by the successful launch of UpperHouse at Orchard Boulevard. However, Quek cautioned that the Additional Buyer’s Stamp Duty (ABSD) and increased housing supply might deter some developers. He anticipates 3 to 6 bidders, with top bids ranging from S$1,500 to S$1,600 per square foot per plot ratio.

The tender’s outcome will be closely watched, as it could set a precedent for future developments in the evolving Newton neighbourhood.
“`

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.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats
[the_ad id="889990"]
[the_ad id="889991"]
[the_ad id="889992"]
[the_ad id="889977"]
[the_ad id="889994"]
[the_ad id="889993"]

Warning: Attempt to read property "post_status" on null in /var/www/html/wp-admin/includes/template.php on line 2298

Warning: Attempt to read property "post_status" on null in /var/www/html/wp-admin/includes/template.php on line 2302

Warning: Attempt to read property "post_status" on null in /var/www/html/wp-admin/includes/template.php on line 2308

Warning: Attempt to read property "post_status" on null in /var/www/html/wp-admin/includes/template.php on line 2312

Warning: Attempt to read property "ID" on null in /var/www/html/wp-admin/includes/template.php on line 2316

Warning: Attempt to read property "post_status" on null in /var/www/html/wp-admin/includes/template.php on line 2320

Warning: Attempt to read property "ID" on null in /var/www/html/wp-admin/includes/template.php on line 2325

Warning: Attempt to read property "ID" on null in /var/www/html/wp-admin/includes/template.php on line 2329

Warning: Attempt to read property "ID" on null in /var/www/html/wp-admin/includes/template.php on line 2334