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 …

Mandarin Top 5

Top 5 Best Secret Running Routes in Singapore

Jayson Ang – September 28, 2024 –

Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also a haven for runners seeking scenic...

All Blog Posts Opinion

How Will Singapore’s Development Influence The Real Estate Markets In Bedok, Changi, Pasir Ris, And Tampines : 2023

Jayson Ang – April 5, 2023 –

TLDR You will find detailed insights into upcoming housing developments in the East of Singapore, specifically in areas like Bayshore,...

Mandarin Top 5

Experience Singapore’s Best: 5 Districts with Unmatched Access to Shopping, Dining, and Entertainment

Jayson Ang – February 23, 2024 –

Here are my top 5 picks for districts in Singapore that offer easy access to some of the best shopping...

All Buying Tips Opinion Selling Tips

Is Renting Out Your HDB to Live in a Condo a Smart Move? How Rentvesting Can Help You Save Money

Jayson Ang – February 18, 2025 –

TLDR Rentvesting is a strategy where individuals rent a home in their desired location while purchasing investment properties in more...

Mandarin Top 5

Top 5 Must-Do Experiences in Singapore for First Timers

Jayson Ang – January 18, 2025 –

Singapore, a vibrant city-state known for its diverse culture and rich history, offers an array of unique experiences for first-time...

Mandarin Top 5

Top 5 : Benefits of Investing in Older vs. Newer Singapore Property Market Condos for International Buyers?

Jayson Ang – January 14, 2025 –

Singapore's property market has long been an attractive investment destination for international buyers, offering a stable and well-regulated environment with...

Mandarin Top 5

5 Tips : How To Negotiate A Good Deal When Buying A Singapore Property

Jayson Ang – July 12, 2024 –

When looking to buy a property in Singapore, it's essential to know how to negotiate a good deal. Here are...

All Blog Posts Buying Tips Opinion Selling Tips

3 Errors to Steer Clear of When Transitioning from Private Property to an HDB Flat

Jayson Ang – November 7, 2024 –

TLDR Homeowners may downsize from private properties to HDB flats for various reasons, such as financial benefits and lower maintenance...

Mandarin Top 5

Top 5 Reasons to Invest in Commercial Property in Singapore – Expert Insights!

Jayson Ang – March 23, 2025 –

Singapore, a thriving business hub in Southeast Asia, offers a robust real estate market with diverse investment opportunities. While residential...

All Blog Posts Opinion

Case Study : With Income Of $180K per Annum, Which Options Should I Choose?

Jayson Ang – February 28, 2023 –

TLDR When making property decisions in Singapore, it's crucial to consider various factors like affordability, loan-to-value ratios, and CPF requirements....

All Blog Posts Buying Tips

An Essential Guide to Buying a Home in Singapore 2023

Jayson Ang – January 17, 2023 –

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

Mandarin Top 5

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

Jayson Ang – June 13, 2025 –

TLDR Singapore’s property market is set for significant transformation over the next five years, driven by rapid proptech adoption, growing...

Mandarin Top 5

Retiring in Singapore? Here’s Where to Find the 5 Best Property Investments for Comfort and Security!

Jayson Ang – March 22, 2024 –

Retirees have unique needs when it comes to property investments. They require properties that offer comfort, security, and easy access...

Mandarin Top 5

5 Cons of Buying a New Development

Jayson Ang – March 4, 2024 –

Luxury properties in Districts 9 and 10 of Singapore are highly coveted, and for good reason. From stunning views and...

All Opinion Selling Tips

Ouch! How Owning a Million-Dollar Home Can Sting with a Whopping $300K Interest in Just a Decade!

Jayson Ang – November 28, 2023 –

TLDR When considering property investments in Singapore, it's crucial to monitor home loan interest rates closely. Even a slight increase...

Mandarin Top 5

Top 5 Reasons : Why is Supply so tight for Singapore Property?

Jayson Ang – January 22, 2025 –

Singapore's property market has been experiencing a tight supply in recent years, leading to increased demand and rising property prices....

All Buying Tips Opinion

2024 Will Be A Buyers Market

Jayson Ang – January 23, 2024 –

TLDR 2023 saw a roller-coaster ride in the real estate market, with various challenges like high interest rates and geopolitical...

Mandarin Top 5

Top 5 Case Study : The Dark Side of Property Investing in Singapore: Scams, Fraud, and Risks

Jayson Ang – October 1, 2024 –

Singapore's property market has long been considered a lucrative investment sector, attracting investors and speculators looking to profit from the...

All Buying Tips Selling Tips

Singapore Homebuyers: Finding Hidden Value in ‘Undesirable’ Property Traits

Jayson Ang – June 15, 2025 –

TLDR Many perceived drawbacks in Singapore’s property market—such as mortgage lock-ins, leasehold status, west-facing units, nearby construction, inefficient spaces, and...