Your search results

3 Exciting Residential Sites Coming Soon!

Posted by Jayson Ang on June 20, 2024

| 0

TLDR

The Lion City is undergoing rejuvenation with upcoming developments in coveted areas like Clementi and sites near MRT stations. These locations may see a mix of private residences and HDB flats. One site near Commonwealth MRT station is likely to feature high-density housing, and another near Redhill MRT station offers convenience and amenities. Clementi MRT’s vicinity is bustling with potential for high-density living, attracting families and investors. The availability of these sites is expected around 2025.

If you’re considering buying or selling property, it’s important to assess your unique situation. Seek strategic real estate advice and connect with the right buyers. Additionally, check out valuable insights for navigating the Singapore resale property market provided in the blog post recommendations.

From old educational institutions to former SERS sites, the Lion City never ceases to rejuvenate its domestic setting while boosting its availability – with the upcoming set being one to keep a keen eye on. This new lot boasts of coveted areas such as Clementi, along with plots in close proximity to MRT stations. Though some of these spaces are earmarked for private residences, it wouldn’t be surprising to find HDB flats sprouting up here too. So, if you’re contemplating a home purchase or considering an upgrade in the near future, these could be potential locales to factor into your plans.

Discover the Perfect Location: Commonwealth MRT Station Just Steps Away!

Formerly known as New Town Primary and Secondary schools, this expansive 7.6-hectare plot has been mostly cleared out following demolition activities initiated in October of the previous year.

Currently, all eyes are on the government as we anticipate the announcement of a plot ratio for this site. The likelihood is high that we’ll be seeing residential units, possibly even HDB flats cropping up here, given that relevant authorities are actively studying the plans. However, the development may also feature private properties.

The site’s strategic location close to Commonwealth MRT station (EWL) is certain to generate considerable demand. It’s just a hop away from Buona Vista where The Star Vista mall, Holland V and the bustling tech/media hub of One-North are located.

Directly opposite this plot lies the famous Tanglin Halt, currently under redevelopment. The construction of a brand-new hawker center and a host of other amenities will undeniably benefit residents living across the road. At present, the empty flats there function as temporary rental homes until 2025. This gives us a rough idea of when our plot might become available, likely coinciding with Tanglin Halt’s rejuvenation.

Given that Tanglin Halt’s plot ratio was increased from 2.9 to 3.5 and the surrounding Commonwealth Close flats are densely populated, it’s likely that this land parcel will be developed into a high-density housing area. Although there’s no certainty that the plot will be designated for HDB flats, we believe a blend of private and HDB housing is probable. After all, the neighboring flats, built in 1967, are due for an overhaul.

Should HDB flats be included in the plan, it’s worth noting that the last launch in this vicinity – Tanglin Halt Cascadia – was under the Prime model. One would naturally assume the same for a plot situated directly across the road. However, this brings up the issue of whether HDB may be hesitant to release a large number of Prime flats in the same region at the same time.

Discover the Best Spots Near Redhill MRT Station!

Nestled adjacent to Crescent Girls’ School and hugging the Alexandra Canal, this site spans a solid 1.5 hectares, primed for high-density residential development—with a gross plot ratio of 4.2. The potential here is huge, with room for over 530 flats or around 700 private condos.

The location couldn’t be better. Redhill MRT station is just a stroll away, making it a breeze to reach Tanjong Pagar in two stops and Raffles Place in three. This ease of access to the Central Business District makes it an attractive spot for anyone needing to commute. Families and investors alike will be drawn to the private properties here, especially with Queenstown Secondary and Alexandra Primary Schools within a kilometer’s radius—not to mention Crescent Girls’ right next door. Should HDB flats rise on this land, we’re confident they’ll be considered prime property due to the central location.

And let’s not forget the amenities. Just across the canal lies Redhill Food Centre, brimming with tantalizing food options. Tiong Bahru’s array of entertainment choices are also close at hand. Given the scarcity of new homes in this area over an extended period, we’re sure any flats here will be snatched up quickly.

Discover the Best Spots Near Clementi MRT!

Nestled in Clementi Close sits a 1.6-hectare jewel of real estate. For those who have been keeping tabs on the property market since the early 2000s, you might recollect its reputation as a high-profile SERS site. With its Gross Plot Ratio (GPR) elevated from 4.3 to a whopping 5, this area is teeming with potential for high-density living.

Reports have been swirling around, suggesting that we could see anywhere from 650 to over 700 new residential flat units, or even up to a staggering 1,000 private condominium units. Given its prime location and potential, it’s a surefire hotspot for families.

One of the key perks of this site is its proximity to Clementi MRT station and the ever-popular Clementi Mall, both within an easy stroll. Additionally, it’s strategically located within the catchment areas of several notable schools – Clementi Primary, Pei Tong Primary, Nan Hua Primary, Clementi Town, and Tanglin Secondary. While we think it’s just within the boundary for Nan Hua High, we can’t confirm that with absolute certainty at this point.

Situated at the core of Clementi, this location is buzzing with activity and is quite crowded. However, it offers the convenience of having almost any facility within a comfortable walking radius. The residential units here are expected to be Plus model flats, a classification typically given to homes near train stations or centrally located in suburban neighborhoods. Flats closer to the Central Area usually receive the Prime classification.

Given these factors, it’s plausible that the prices of nearby apartments in Clementi Close could surge. They share the same geographical benefits but aren’t burdened with Plus model regulations.

The availability of these sites might not be immediate; we forecast they will come into play around 2025. Already, there’s a substantial number of launches on the horizon. This is particularly true for HDB, who has significantly increased supply over the last two years. However, BTO applications have been decelerating, resulting in only 3 BTO launches in 2024 as opposed to the usual 4. Consequently, we anticipate a slight slowdown. Nonetheless, for some, the timing could align perfectly with plans for an upgrade or purchase of their first home, so remain vigilant.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

All Buying Tips Opinion Selling Tips

Will New Launch Condos See a Drop in Prices Soon?

Jayson Ang – July 12, 2024 –

TLDR The real estate market in Singapore is experiencing a trend of lackluster bids for prime properties in various locations....

All Buying Tips Selling Tips

Could It Be Wise to Sell Your Property After Just 3 to 4 Years?

Jayson Ang – February 5, 2024 –

TLDR In this blog post, the writer delves into the Singapore property market, particularly focusing on the effectiveness of quick...

Mandarin Top 5

Top 5 : Dangerous Ideas Singapore Property Investors Have

Jayson Ang – February 19, 2025 –

Investing in property, particularly in a thriving market like Singapore, can be an enticing prospect. However, it's not without its...

All Blog Posts Buying Tips

Downsizing From A Spacious 4-Bedroom Condo To A Cozy 2-Bedder: How I Chose A Condo Over A HDB

Jayson Ang – April 28, 2023 –

TLDR Mdm Sim's decision to trade her four-bedroom house for a two-bedroom condo is explored, highlighting the benefits of right-sizing....

All Buying Tips Opinion

My 6 Factors to Consider When Buying a Property in 2023

Jayson Ang – March 11, 2023 –

As the housing market shows no signs of slowing down, many of us may feel left behind, questioning whether it...

Mandarin Top 5

Top 5 Bakeries in Singapore for Fresh Bread and Pastries

Jayson Ang – May 6, 2024 –

Singapore, a melting pot of cultures and flavors, is well-known for its diverse culinary scene. Among the many gastronomic delights...

All Buying Tips

Here’s How Property Data Can Be Misleading: Navigating Through Common Misunderstandings

Jayson Ang – April 14, 2024 –

TLDR When comparing property prices, discrepancies can arise due to various factors like timing of purchase, scarcity in niche projects,...

Mandarin Top 5

Top 5 Thai Restaurants in Singapore

Jayson Ang – June 24, 2024 –

Singapore, a melting pot of cultures and cuisines, is a food lover's paradise. Among the myriad of dining options available,...

All Opinion

What Might Occur If We Ease Property Cooling Measures?

Jayson Ang – July 21, 2025 –

TLDR To assess if Singapore’s property cooling measures are working, compare our actions with China, which is applying the opposite...

All Buying Tips Opinion

Why One Family Chose a New Launch 4-Bedroom Unit at Lentor Mansion Over a Resale Condo

Jayson Ang – March 18, 2026 –

TLDR NM’s family chose to buy a 4-bedroom unit at the new launch Lentor Mansion despite elevated condo prices, after...

All Blog Posts Buying Tips

Buying a Second Property – 3 Key Factors to Consider

Jayson Ang – June 18, 2023 –

TLDR When navigating the complexities of purchasing a second property in Singapore, ensure you meet eligibility criteria, consider affordability factors...

All Opinion Selling Tips

Reduced Lease Durations for HDB Flats: What Potential Savings Could Your Property Offer?

Jayson Ang – July 17, 2025 –

TLDR Shorter lease HDB flats are typically about 22–25% cheaper than their 99-year counterparts, based on both resale and BTO...

Mandarin Top 5

The 5 Hottest Neighborhoods in Singapore for Real Estate Investment

Jayson Ang – May 14, 2023 –

Hey everyone! Today I want to share with you the 5 hottest neighborhoods in Singapore for real estate investment. These...

All Buying Tips Reports

2024 Residential Property Market Outlook

Jayson Ang – December 22, 2023 –

TLDR The market outlook for 2024 suggests continued uncertainties affecting housing demand and risk appetite due to geopolitical tensions, macroeconomic...