URA and HDB have closed the GLS tender earlier today on March 8 for the Dairy Farm Walk and Bukit Batok West Avenue 8 EC sites.
Both sites attracted several bids, with seven bids for the Dairy Farm Walk site and nine bids for the Bukit Batok West Avenue 8 EC site.
The highest bid for the Dairy Farm Walk site was submitted by Sim Lian Land and Sim Lian Development at $347 million.
With a GFA of 32,893 sqm, this translates to $980 PSF per plot ratio. The site will yield an estimated 385 units.
Dairy Farm Walk: A Prime Spot for Expats
Photo: URA
Why the location’s a Big Deal
Picture this: a fresh, breezy walk right up next to the German European School Singapore, making it a dream spot for the expat community. Families who love easy school commutes and weekend strolls will find it hard to resist.
Nature’s Touch Nearby
Just a quick five‑minute walk and you’re at the Bukit Timah Nature Reserve. That means you can easily swap a brisk walk for a nature‑hike any day of the week.
Bukit Batok EC Site: The Winning Bid
The Record‑Breaking Offer
The project’s top baller was the joint venture Qingjian‑Santarli, tossing in a staggering $266 million. If you do the math, that’s roughly $662 per square‑foot—the highest ever for an EC site to date.
What’s Planned?
They’re carving out a maximum gross floor area of 37,348 sqm, which translates to an ambitious 375 units. Imagine the possibilities!
New Condo Releases: A Fresh Wave of Housing in Bukit Batok and Dairy Farm
Where the Buzz Is Going
The upcoming residential projects are set at the Bukit Batok West Avenue 8 area and the scenic Dairy Farm zone.
Developers Freak Out Over the High Bids
“We’re relocating our land banks!”— Orange Tee and TieDespite the 35 % Additional Buy‑Sell‑Transfer (ABSD) increase, developers see a brilliant opportunity to repopulate their portfolios. The market is already buzzing with pent‑up demand for homes in both locales.
The Orchard of Old & New
These gaps have motivated the latest endeavors: a fresh EC in Bukit Batok and a shiny condo in Dairy Farm.
Price Expectations & What They Mean
| Property | Expected PSF Range |
|---|---|
| Dairy Farm Walk Condo | $1,950 – $2,050 |
| Bukit Batok EC | $1,250 – $1,350 |
“The new listings are set to hit the sweet spot for buyers,” says the agency.“Prime location + affordable price = fast sale.”
