Dorset Highway GLS tender attracts 9 bidders, UOL-led group emerges on high at S$1,338 psf ppr

A consortium led by UOL Group, along with Singapore Land Group and Kheng Leong Firm, has emerged as the highest bidder for the Dorset Highway personal housing web site, providing S$524.3 million or S$1,338 per sq. foot per plot ratio (psf ppr).

The 99-year leasehold plot, situated close to Farrer Park MRT station, spans 111,934 sq. ft and may yield round 425 houses. Tender outcomes launched by the City Redevelopment Authority (URA) on 9 October present intense competitors, with 9 bids submitted — a degree of participation not often seen since 2021.

Tight competitors for Dorset Highway GLS web site

The Dorset Highway tender was one of the hotly contested websites in 2025, tying the Dunearn Highway GLS tender earlier this yr, which additionally noticed 9 bids. On this case, the second-highest supply got here from a three way partnership between ABR Holdings, LWH Holdings, Macly Capital, Roxy-Pacific Holdings and Wee Hur Holdings, who priced the land at S$518.9 million or S$1,324 psf ppr.

The margin between the highest and second-highest bids was slim, simply 1% aside, reflecting how builders share comparable worth expectations for centrally situated plots with robust fundamentals. Even the bottom bid, lodged by Sustained Land, got here in at S$1,123 psf ppr, suggesting a comparatively tight 19% unfold between the highest and backside bids.

Dorset Highway GLS tender outcomes

The higher cluster bids of round S$1,300 psf ppr reveal how aligned market expectations had been. Most bidders seem to have priced within the challenge’s prime location, connectivity, and mid-size scale — attributes that sometimes cut back growth danger whereas making certain robust attraction to end-buyers.

A centrally related enclave

The Dorset Highway web site sits in a mature residential enclave throughout the Farrer Park and Pek Kio neighbourhoods — areas identified for his or her accessibility and mix of city and group character. Farrer Park MRT station, only a quick stroll away, hyperlinks on to the North-East Line (NEL). From there, residents can attain Little India in a single cease and Dhoby Ghaut in two, connecting them seamlessly to the North-South Line (NSL) and Circle Line (CCL).

For drivers, close by roads corresponding to Bukit Timah Highway and the Central Expressway (CTE) present quick entry to each downtown and northern Singapore. This diploma of connectivity is uncommon in a residential district that also retains the laid-back attraction of conventional estates.

In line with UOL’s Chief Funding and Asset Officer, Shirley Ng, Dorset Highway stands out as the one city-fringe GLS web site from the 2025 Confirmed Checklist situated throughout the fringe of the Core Central Area (CCR). If awarded, the group envisions creating two 27-storey residential towers, housing 428 models.

Ng famous that the challenge’s “robust locational attributes” and proximity to good colleges make it a superb alternative to replenish UOL’s land financial institution. The upcoming challenge will possible construct upon UOL’s observe file of timeless, community-oriented developments.

On a regular basis comfort and neighbourhood appeal

Regardless of being near town, Dorset Highway retains a well-recognized, nearly nostalgic ambiance. It’s surrounded by established HDB estates, low-rise conservation houses, and heritage shophouses that give the world its distinctive character.

On a regular basis wants are simply met with Pek Kio Market & Meals Centre close by, identified for recent produce and conventional hawker fare. Inside strolling distance are additionally Metropolis Sq. Mall and Mustafa Centre, providing every thing from retail and eating to late-night grocery choices. For leisure, residents can unwind at Cambridge Park, Carlisle Oasis, or enterprise barely east to the Kallang Sports activities Hub for sports activities and recreation.

Households with school-age youngsters are significantly well-served right here. Farrer Park Main College, Hong Wen College, and St. Joseph’s Establishment Junior are all inside a 1-kilometre radius, whereas Anglo-Chinese language College (Junior), Bendemeer Main, and St. Margaret’s College fall inside 1–2 km. Preschools, enrichment centres, and worldwide choices corresponding to Stamford American Worldwide College at Woodleigh are additionally simply accessible — a serious plus for expatriate households.

Following in Piccadilly Grand’s footsteps

Dorset Highway’s central attraction is paying homage to the close by Piccadilly Grand, an built-in growth instantly related to Farrer Park MRT. That challenge, collectively developed by Metropolis Developments (CDL) and MCL Land, was awarded in Might 2021 at S$1,129 psf ppr. It launched in Might 2022 and noticed a 77% sell-through charge on its first weekend.

In line with URA Realis knowledge, Piccadilly Grand’s 407 models have since been almost absolutely bought, at a mean of S$2,155 psf. The robust gross sales reveal enduring purchaser demand for houses in well-connected city-fringe areas, particularly when coupled with robust developer branding and retail integration.

Very similar to Piccadilly Grand, the Dorset Highway web site presents a really perfect scale for a mid-sized challenge, massive sufficient to assist full way of life amenities, but compact sufficient to retain a way of exclusivity. Market watchers anticipate the eventual challenge to lean in direction of the upscale section, catering to professionals and households who search the comfort of central residing with out the premium price ticket of Orchard or Newton.

Why builders are being attentive to the Dorset Highway web site

The robust participation, 9 bidders in whole, indicators that builders stay assured within the city-fringe residential section. Demand for well-located new houses stays resilient, significantly in established neighbourhoods that steadiness city entry with a way of group.

The tender’s degree of competitors additionally mirrors that of Dunearn Highway GLS, which closed in June 2025 with 9 bids and was awarded to Frasers Property, Sekisui Home, and CSC Land for S$491.5 million or S$1,410 psf ppr. That web site, able to yielding 380 houses, marks the primary GLS challenge within the Bukit Timah Turf Metropolis precinct — a district slated for a long-term transformation that includes 20,000 new houses, park connectors, and group facilities over the following few a long time.

Current traits within the new launch market could have additional inspired builders’ confidence within the Dorset Highway plot. In line with PropNex’s Head of Analysis and Content material, Wong Siew Ying, gross sales momentum has picked up sharply this yr, with over 7,900 new personal houses (excluding ECs) bought as of 28 September 2025, already surpassing the annual totals of the previous three years. This restoration in major market demand seems to have pushed a extra proactive stance in direction of land acquisition.

What to anticipate from Dorset Highway upcoming launch

If UOL’s proposal proceeds as deliberate, the twin-tower growth will stand as a brand new residential landmark that bridges the heritage of Farrer Park with the trendy pulse of central Singapore. For homebuyers, it represents the candy spot between comfort, tradition, and capital appreciation potential.

Given the highest bid land charge of S$1,338 psf ppr, analysts now challenge the common promoting worth for the upcoming Dorset Highway condominium to hover above S$2,700 psf. This positions it above Piccadilly Grand’s launch degree, however nonetheless comfortably inside attain of city-fringe patrons looking for high quality houses close to the core central space.

[Editor’s note: The Dorset Road site has not yet been awarded. This article is based on the publicly released list of tenderers and bid prices on 9 October 2025. It will be updated once the official site awards are announced.]

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