New Government Land Sales (GLS) Plots and Price Predictions for 2027 Launches
This article will cover the newly released GLS land plots by the government. We'll explore the locations and unit estimations and make some educated guesses on how much developers might pay for these lands. This information is based on the second half of 2025 GLS release.
Understanding GLS and Future Launches
The government releases land plots every six months. Specifically, in June they release information for the next six months, and at the end of December, they release information for the first half of the following year.
If you're wondering when condos will launch, the government sells these land plots within the next six months. After a developer purchases a land plot, it usually takes around one year for them to launch the new project. This means we can expect new launches approximately 1.5 years after the initial GLS announcement. For this current release, expect launches around 2027. This advance knowledge allows potential buyers to prepare and identify good investment opportunities, potentially a year and a half before launch.
For HDB upgraders looking to purchase in 2027, your Minimum Occupation Period (MOP) for your HDB flat should ideally be completed by 2022 or earlier.
Confirmed Land Plots: Location and Guesses
Here's a breakdown of the confirmed land plots and the speaker's predictions on the developer purchase price:
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Hillimar Road: Located near Newton MRT station, it is estimated to yield 340 units. This prime location is also near ACS Primary. The speaker guesses that developers will purchase the land for around $3,000 to $3,400 per square foot (psf).
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Bukit Timah Link (Bo Riceh): This plot near Tanamera MRT station can accommodate around 380 units. With potential competition from around 150 condo plots in the area, the speaker predicts a land price of about $1,100 to $1,200 psf.
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Woodlands Drive 17 (Executive Condominium - EC): Situated close to the Woodlands South MRT station (approximately 250m away), this EC can yield about 560 units. The speaker estimates the land price to be between $700 and $750 psf per plot ratio.
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Dairy Farm Walk: This plot can yield around 500 units, and is comparable to existing developments in the area. The speaker estimates a land price of $900 to $1,000 psf per plot ratio. The distance to the nearest MRT (Hillview) is around 860m.
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Buona Vista Road: Located near One-North MRT station, this plot can accommodate 625 residential units plus 3,000 square meters of commercial space. The speaker guesses a land price of $2,200 to $2,300 psf.
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Tanjong Katong Road: This plot can yield 525 units. The speaker estimates a land price of $1,100 to $1,200 psf. The nearest MRT station, Dakota, is approximately 680m away.
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Dunearn Road: This site can accommodate 335 units, with 1,400 square meters of commercial space. It's near Sixth Avenue MRT station, about 650m away. The speaker estimates a land price of $3,300 to $3,400 psf.
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Kallang Avenue: With the capacity to yield 450 units and a small commercial space (115 sq meters), this plot is very close to Kallang MRT station (approximately 430m). The speaker predicts a land price around $2,200 to $2,300 psf.
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Lentor Central: This plot can yield about 580 units and is considered the last new launch in Lentor Central. It is also about 280m from Lentor MRT. The estimated land price is $900 to $1,000 psf per plot ratio.
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Jungong West Street 41 (EC): This EC plot can yield 430 units. It offers reservoir views, but the nearest MRT station (likely Jurong West) is approximately 1.82 km away. The speaker estimates a land price of $650 to $700 psf per plot ratio.
Summary of Land Release
In total, there are five Outside Central Region (OCR) plots, two of which are ECs, three City Fringe plots, and two Core Region plots. These new launch condos are expected to be available in 2027.