First Newton GLS in practically twenty years might deliver 340 new models to market

Alternatives for brand spanking new housing in Newton don’t come typically. But, with a contemporary GLS plot launched on Bukit Timah Street, this central neighbourhood is making ready to welcome a whole lot of latest houses.

Particulars of the Bukit Timah Street GLS web site

A Authorities Land Sale (GLS) web site alongside Bukit Timah Street has been launched for tender, bringing contemporary alternatives to the Newton space. 

This parcel additionally comes with a little bit of historical past. It was as soon as used as transitional workplace house. In 2007, it was offered with a 15-year tenure to Scotts Spazio, a three way partnership between Hwa Hong Corp and KOP Capital. Insurer Prudential Singapore later leased the premises, remaining there till it relocated to Labrador Tower in 2025.

The parcel measures about 63,498 sq. toes and comes with a gross plot ratio of 4.9. With a 99-year leasehold, the land is predicted to yield near 340 personal houses, including to Singapore’s property provide.

The location sits proper subsequent to Newton MRT interchange, giving future residents direct entry to each the Downtown and North-South Traces. This prime connectivity is predicted to be a significant draw for each builders and consumers.

The tender for the Bukit Timah Street GLS web site will shut on Nov 11, 2025, at midday.

A part of URA’s Draft Grasp Plan 2025

This plot shouldn’t be a standalone launch. As an alternative, it varieties a part of the City Redevelopment Authority’s Draft Grasp Plan 2025, which envisions Newton as a renewed, vibrant neighbourhood. The plan units apart about 26 hectares within the space to be reworked right into a mixed-use “city village.”

URA’s imaginative and prescient contains about 5,000 personal houses unfold throughout three key clusters: Newton Circus, Scotts Street, and Monk’s Hill. Alongside these houses, the property will characteristic facilities and inexperienced public areas, making a community-friendly setting.

Future residents might additionally profit from a brand new central house deliberate close to Newton MRT and Newton Meals Centre. This house is about to deliver extra eating, retail, and leisure decisions, including vibrancy to the neighbourhood. Furthermore, the situation is inside shut attain of fashionable faculties resembling Anglo-Chinese language Faculty (Junior), Singapore Chinese language Ladies’ Faculty, St Joseph’s Establishment Junior, and St Margaret’s Main Faculty, making it particularly interesting for households.



Market positioning and anticipated demand

This Bukit Timah Street plot is the primary Confirmed Listing web site beneath the Authorities Land Gross sales 2H2025 to be launched. Analysts agree will probably be hotly contested, largely as a result of it sits within the Core Central Area (CCR).

In response to Wong Siew Ying from PropNex, this web site might entice as much as 9 bids, with the profitable provide probably touchdown between S$1,500 and S$1,600 per sq. foot per plot ratio (psf ppr). Mark Yip, CEO of Huttons, highlights how the positioning’s proximity to MRT and faculties will enhance its enchantment. Equally, Marcus Chu, CEO of ERA Singapore, anticipates six to eight critical bidders attributable to its location and position in Newton’s transformation.

All three specialists level out that competitors might get intense, with builders wanting to safe prime CCR land for future launches.

Robust demand for CCR new launches

The constructive outlook for this GLS launch is supported by robust gross sales of current CCR tasks. New launches resembling The Robertson Opus (348 models), UpperHouse at Orchard Boulevard (301 models), and River Inexperienced (524 models) have all recorded strong performances.

Between July 1 and Aug 17, 2025, greater than 850 new houses within the CCR have been offered. This momentum places the third quarter of 2025 on monitor to turn out to be the best-performing CCR quarter since 2010, when 994 models have been transacted.

Analysts clarify that renewed purchaser curiosity within the CCR is partly as a result of narrowing value hole between prime CCR houses and people within the Remainder of Central Area. This shift makes CCR properties look extra engaging from a worth standpoint.

Comparisons with different GLS tenders

To grasp how aggressive this tender could also be, you solely want to have a look at current GLS launches. Websites at Holland Hyperlink and Dunearn Street drew 5 and 9 bids respectively. Many builders who missed out in these tenders might now flip their consideration to the Newton web site, making it much more contested.

The shortage of GLS provide in Newton additional provides to the thrill. In response to Justin Quek of OrangeTee and Realion, the world has not seen a GLS residential web site launched in practically twenty years. The final sale dates again to 1997, which ultimately grew to become Draycott 8, a luxurious challenge the place resale models have modified palms at a median of S$2,176 psf.

Different current benchmarks additionally present robust demand for central websites. The Orchard Boulevard web site, awarded to UOL and SingLand in 2024, achieved S$1,617 psf ppr and managed to promote greater than half of its models throughout its launch weekend in July 2025. Likewise, the Turf Metropolis GLS web site, awarded in June 2025, drew 9 bids, with the profitable consortium paying S$1,410 psf ppr for a parcel yielding about 380 houses.

Once you examine these outcomes, it turns into clear why the Bukit Timah Street GLS launch is drawing a lot consideration. Its uncommon location, massive potential, and ties to URA’s greater plans make it one of the anticipated tenders of the 12 months.

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