Your search results

Singapore’s En Bloc Landscape in 2025: Four Potential Residential Sites to Monitor

Posted by Jayson Ang on September 22, 2025

| 0

TLDR

Developer confidence in Singapore’s property market is rising in 2025 despite global uncertainties, supported by strong sales in new launches. Key en bloc sites include River Valley Apartments, sold for $56 million and slated for luxury serviced apartments, signaling a possible en bloc revival. Thomson View Condominium, a large site near greenery and MRT, was bought for $810 million but is on hold due to legal issues. Hillcrest Arcadia, near MacRitchie Reservoir, failed to attract bids but remains available through private treaty. Upper Serangoon Shopping Centre, close to Serangoon MRT, is up for tender with plans for residential and retail redevelopment. These developments indicate growing developer optimism and could broaden housing options beyond the Core Central Region. Buyers are encouraged to seek tailored advice based on their individual needs.

Despite the prevailing global economic uncertainties, developer confidence in Singapore’s property market appears to be on the rise in 2025. Strong sales responses to recent new launches suggest continued demand, potentially paving the way for more en bloc sales. Here are four residential sites that could be worth watching:

1. River Valley Apartments (Sold)

This freehold, four-story walk-up at 400 River Valley Road was sold for $56 million in February to a Singapore-based family office. Built in 1970, the 12,408 sq. ft. site fetched approximately $1,622 psf. With only 24 units, each owner is expected to receive $2 million to $2.6 million. The buyer plans to redevelop the site into luxury serviced apartments, leveraging its Gross Plot Ratio (GPR) of 2.8.

The sale of River Valley Apartments is significant as it could signal a resurgence in en bloc activity after a lull period. Its Core Central Region (CCR) location, within walking distance of Great World City and Great World MRT station (TEL), offers excellent connectivity to major MRT lines. The proximity to Valley Point also provides convenient access to amenities. This prime location, coupled with the potential for redevelopment into serviced apartments, aligns with the expected pivot towards the CCR in the near term.

2. Thomson View Condominium (En Bloc on Hold)

Located on Bright Hill Drive in the Upper Thomson area, Thomson View Condominium is a highly anticipated en bloc site. Built in 1987 with a 99-year lease from 1975, this project is known for its distinctive circular layout. A joint venture between UOL and CapitaLand purchased the site for $810 million in November 2024, following multiple unsuccessful attempts since 2007. The purchase price was lower than the previous reserve price of $918 million.

The expansive 504,000+ sq. ft. site is currently underutilized, comprising 255 units (a mix of condo, landed, and commercial units). Redevelopment could transform it into a mega-development with a potential 1,240 residential units. The location offers proximity to greenery (MacRitchie Reservoir Park) and convenience (Thomson Plaza and Upper Thomson MRT station). The revamped Thomson Plaza, no longer an aging amenity, enhances the appeal. If the en bloc proceeds, the mega-development is expected to attract significant interest, particularly from buyers seeking to live near existing landed enclaves or those looking to right-size.

However, the en bloc is currently on hold due to legal challenges from six unit owners concerning “fairness and transparency.” A High Court hearing is scheduled for May 22, 2025, which will determine the fate of this potential mega-development.

3. Hillcrest Arcadia (Tender Closed, Private Treaty Period)

Hillcrest Arcadia, a leasehold project (lease commencing 1975) on the edge of MacRitchie Reservoir, is another en bloc site to watch. Built in 1980 with 272 units, this is its second en bloc attempt, with a reserve price of $920 million. The 442,600+ sq. ft. site, with a GPR of 1.6, could potentially yield around 773 new units. Located in a low-density area near popular schools like Raffles Girls’ Primary and Hwa Chong Institution, it appeals to those seeking privacy and spaciousness. While there’s no nearby MRT, Holland Village is a short drive away.

The tender closed on May 22, 2025, with no bids, and the project is now in a 10-week private treaty period. While bids were below the asking price, expressions of interest were received, suggesting a potential deal could still be secured or groundwork laid for future attempts. Redevelopment here would attract buyers who value a quiet, landed-style environment and are comfortable with driving.

4. Upper Serangoon Shopping Centre (Tender Closing Soon)

This aging mixed-use development, completed in 1982, has a residential component and is approximately 176,792 sq. ft. With a guide price of $260 million, the price per square foot is around $1,471. The front half is zoned for commercial and residential use (GPR 3.0), while the rear is for residential use only (GPR 2.8), currently housing eight residential units.

According to the marketing agent, redevelopment could include 154 residential units, 56 serviced apartments, and 12,000 sq. ft. of retail space, significantly transforming the area. Despite its current state, the location is excellent, being very close to Serangoon MRT station (CCL, NEL) and Serangoon NEX mall. Its proximity to Methodist Girls’ Primary and the surrounding HDB cluster also adds to its appeal. The tender for Upper Serangoon Shopping Centre closes on June 10, 2025.

These potential en bloc sales are key indicators of developer confidence and could pave the way for a wider range of non-CCR new launch options in the future. Monitoring these developments is crucial for buyers looking to upgrade in the coming years.

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

What Impact Will Decreasing US Interest Rates Have on Homeowners in Singapore?

Jayson Ang – July 25, 2025 –

TLDR The Fed’s recent 0.5% rate cut is likely to lower Singapore’s SORA-based home loan rates, benefiting those with bank...

All Buying Tips

Superstitions in the Real Estate Market : How Does it Impact Resale Value?

Jayson Ang – June 20, 2023 –

TLDR When navigating the Singapore property market, it's crucial to consider various superstitious beliefs that can impact your decisions. From...

Mandarin Top 5

The Secret Strategies of Singapore’s Property Tycoons: Lessons You Can Learn

Jayson Ang – April 26, 2024 –

The Singapore property market has always been a hot topic for both locals and foreign investors. With its stable economy,...

Mandarin Top 5

Top 5 Reasons : Why Singapore’s Property Market Is the Best Place to Invest for Long-Term Growth – Expert Analysis!

Jayson Ang – June 9, 2025 –

TLDR Singapore’s property market stands out for long-term investment due to its strong economy, stable government policies, high rental demand,...

All Buying Tips Opinion

Should You Pay For A Buyer Agent?

Jayson Ang – August 10, 2025 –

TLDR The idea of making buyers pay their own property agents in Singapore, as suggested by SEAA, makes sense in...

Mandarin Top 5

Top 5 : Greatest Challenges That Investors Face In Singapore’s Real Estate Market

Jayson Ang – May 8, 2025 –

Singapore's real estate market is a dynamic and attractive investment landscape for both local and international investors. Known for its...

Mandarin Top 5

The 5 Secrets To Successful Singapore Property Investing Revealed

Jayson Ang – July 4, 2024 –

The vibrant property market in Singapore has attracted numerous investors and speculators looking to profit from the nation's thriving conditions....

All Buying Tips

3 Steps to Prevent Rental Scams

Jayson Ang – January 23, 2024 –

TLDR: Prevent Rental Scams in Real Estate Scammers are targeting prospective tenants by impersonating Real Estate Salespersons (RES) to deceive...

All Buying Tips Opinion

7 Frequently Overlooked Questions That New Condo Buyers Should Ask At The Showflat To Avoid Any Regrets In The Future!

Jayson Ang – January 29, 2024 –

TLDR Newly launched condominium buyers face uncertainties about price changes, proximity to schools, construction methods, maintenance costs, elevator availability, commercial...

All Buying Tips Opinion

I Wouldn’t Rely Too Heavily On Discounts Related To ABSD This Year

Jayson Ang – February 28, 2025 –

TLDR The ABSD discount arises when developers approach their five-year deadline to sell 90% of units, facing a 40% penalty...

Mandarin Top 5

Top 5 : What Are The Key Factors That Drive Foreign Investment In Singapore’s Real Estate Market

Jayson Ang – January 2, 2025 –

Singapore, a thriving city-state in Southeast Asia, has become a magnet for foreign investors looking to capitalize on its booming...

Mandarin Top 5

Top 5 Trends And Developments That Will Shape Singapore’s Property Market In The Next 5 Years

Jayson Ang – April 24, 2025 –

Singapore's property market has always been a dynamic and evolving landscape, attracting both local and international investors. As we look...

All Blog Posts

Singapore Private Residential Market Outlook 2023

Jayson Ang – January 8, 2023 –

TLDR The Singapore residential property market has shown resilience in 2022, with price growth in both private housing and HDB...

All Blog Posts Opinion

When Should You Consider a Shorter/Longer Home Tenure?

Jayson Ang – May 8, 2023 –

TLDR Understanding the benefits of long-term home loans is crucial for financially conservative individuals in Singapore. Opting for a longer...

Buying Tips Mandarin Top 5

Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island

Jayson Ang – June 20, 2023 –

Sentosa's Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore's Premier Island Here are the top 5 reasons...

Mandarin Top 5

Top 5 Factors : Investing In Luxury Singapore Properties: Is It Worth It?

Jayson Ang – August 23, 2024 –

Investing in luxury properties has always been an attractive option for high-net-worth individuals seeking to diversify their investment portfolios. Singapore,...